TechFlow News, March 31: According to CoinDesk, Keyrock, a Brussels-based digital asset services provider, has closed its Series C funding round, led by SC Ventures—the venture capital arm of Standard Chartered Bank—with participation from existing investor Ripple. The company’s post-money valuation stands at $1.1 billion. The round remains open and may raise up to $100 million in total.
Keyrock stated that the proceeds will be used to strengthen its balance sheet, expand its service offerings, and pursue strategic acquisitions. Founded in 2017, Keyrock currently provides market-making, asset management, over-the-counter (OTC) trading, and options services across more than 80 centralized and decentralized exchanges, with over 200 employees worldwide. In terms of business expansion, Keyrock acquired Turing Capital—a Luxembourg-registered alternative investment fund manager—in September last year, establishing an asset and wealth management division focused on institutional clients and private investors.
CEO Kevin de Patoul said the company will continue driving growth in services, customer base, and geographic reach throughout 2026 to expand its market share and solidify its industry position.
