Brussels-based crypto liquidity provider Keyrock plans to grow its global services through a new partnership with Deutsche Bank. This collaboration enables Keyrock to expand its operations in regions such as EMEA, APAC, and LATAM.
Deutsche Bank and Cryptocurrencies
The partnership with Deutsche Bank offers Keyrock opportunities to broaden its operations in the EMEA, APAC, and LATAM regions. This expansion aims to enhance Keyrock’s capacity for providing liquidity in crypto assets.
Under this agreement, Deutsche Bank will provide Keyrock with multi-currency accounts and forex solutions. Consequently, Keyrock’s ability to offer liquidity across various markets will be strengthened, increasing operational efficiency.
We have partnered with global financial leader Deutsche Bank to improve our global crypto asset operations. This collaboration extends our capability to optimize fiat currency management.
This partnership reinforces Keyrock’s leading position in digital asset liquidity in Europe while affirming Deutsche Bank’s commitment to supporting technology and fintech innovation.
Keyrock and Crypto
Operating since 2017, Keyrock offers market-making and OTC services across over 100 trading pairs and nearly 400 markets. Integration with Deutsche Bank’s infrastructure will enhance trading capabilities, allowing transactions to occur “almost instantly.”
By collaborating with Deutsche Bank, Keyrock is optimizing its financial services. Through multi-currency accounts, it aims to manage over ten currencies effectively while mitigating settlement and counterparty risks.
Moreover, Deutsche Bank’s presence in the crypto sector is noted for investments in companies like Taurus and support for trading platforms such as Bitpanda. This partnership is set to further enhance efficiency in the global crypto asset market.
Deutsche Bank’s initiatives in crypto custody began in 2021, with an application for a crypto custody license submitted to BaFin in 2023.
