Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures
Summary
Keyrock, a Brussels-based digital asset services firm, has secured $1.1 billion in a Series C funding round led by SC Ventures, the venture arm of Standard Chartered. Ripple also participated in the round, which remains open and could reach $100 million. Founded in 2017, Keyrock provides market making, asset management, OTC trading, and options services, bridging traditional finance and crypto markets. The new capital will strengthen its balance sheet, expand its service offerings, and fund potential acquisitions. CEO Kevin de Patoul stated the company aims for growth in services, clients, and geographic reach to increase market share. Keyrock operates across over 80 trading venues with a team of 200+ employees and expanded into asset and wealth management through the acquisition of Turing Capital in 2023.
(Source:CoinDesk)