TechFlow News, June 2. According to CoinDesk, Belgian digital asset services firm Keyrock plans to acquire bankrupt crypto trading and lending company BlockFills for $3.25 million. Keyrock has been designated the “successful bidder” by the court, and final approval of the transaction is pending a hearing scheduled for June 16, 2026.
BlockFills filed for Chapter 11 bankruptcy protection in March this year under its parent company, Reliz Ltd., reporting liabilities between $100 million and $500 million, while holding assets valued at only $50 million to $100 million.
This acquisition will grant Keyrock access to BlockFills’ institutional client network—including hedge funds, asset management firms, market makers, and mining companies—as well as its proprietary technology and intellectual property. BlockFills processed over $60 billion in trading volume in 2025 and served approximately 2,000 institutional clients. Prior to this, Keyrock completed its Series C funding round led by SC Ventures, the investment arm of Standard Chartered Bank, achieving a valuation of $1.1 billion.
