BCB Group, leading provider of payment and digital asset services, and BlockFills, a leading digital assets trading and market technology firm for institutions and professional traders, today announced a partnership to deliver multi-currency payments to its clients.
The agreements align BlockFills’ strength as a trading and liquidity provider with BCB Group’s international fiat currency payment rails, further developing BlockFills’ client offering and expanding BCB’s fast-growing instant payments network.
Within the terms, BlockFills has adopted BCB Group payment accounts in US Dollars (USD), Sterling (GBP), Euro (EUR), and Yen (JPY) for its fiat currency operations. BCB is also providing virtual IBANs, allowing BlockFills to efficiently manage and reconcile payments in and out of its accounts. BCB Group payment accounts also have access to BCB’s proprietary payments system BLINC, which enables instant and fee-free transactions between all BCB account clients.
“Working with BCB Group has enabled BlockFills to deliver streamlined payment solutions to our clients, speeding up transactions as well as on and off-boarding between crypto and fiat,” said Nick Hammer, BlockFills CEO. “We have also increased our own operational efficiencies through multiple currency accounts and virtual IBANs.”
Oliver Tonkin, Co-founder and CEO of BCB Group, said: “Getting BlockFills onboard is a valuable step forward for us into the North American crypto trading market where BlockFills is a major liquidity provider. It is also great to welcome another organisation to BLINC and its ever-expanding network of users.”
BlockFills opened its accounts with BCB Group in October last year, accessing services through BCB’s Client Console, and is now offering the service across its global base of 1,700+ institutional clients.