Brussels-based digital asset services provider Keyrock has completed a Series C funding round that values the company at $1.1 billion. SC Ventures, the investment arm of Standard Chartered, led the round, with participation from existing backer Ripple, which is known for its blockchain infrastructure solutions. The company’s announcement highlighted that this ongoing round further strengthens Keyrock’s position within the digital asset sector.
Expansion plans backed by new capital
Keyrock intends to use its fresh funding to reinforce its balance sheet, expand its suite of services, and capitalize on potential acquisition opportunities. According to company officials, the Series C round is not yet closed and could eventually reach as much as $100 million in total investments. The company places particular emphasis on prudent financial strengthening while keeping an eye out for new opportunities in the rapidly evolving digital asset landscape.
By leveraging this capital injection, Keyrock aims to extend its market position and pursue growth both by broadening its product offerings and entering new geographic markets. The company underscored its interest in exploring a combination of organic development and strategic acquisitions to achieve its goals across multiple business verticals.
Kevin de Patoul, CEO of Keyrock, remarked that by 2026 they plan to expand their range of services, grow their clientele, and deepen their international reach in an effort to secure greater market share and bolster their standing as a leading player in the industry.
Market operations and recent developments
Founded in 2017, Keyrock operates on more than 80 centralized and decentralized trading platforms, establishing an active presence across the digital asset ecosystem. With a global workforce exceeding 200 employees, the firm offers market making, asset management, over-the-counter (OTC) trading, and options services, catering to a broad range of institutional and individual clients in the crypto markets.
Keyrock continues to position itself as a vital bridge between traditional finance and the crypto sector. The company is committed to developing tailored solutions for both corporate clients and private investors, all while enhancing its status in the fast-moving world of financial technology.
In September of last year, Keyrock broadened its portfolio by acquiring Luxembourg-based Turing Capital, marking its entry into the asset and wealth management arena. This strategic move diversified Keyrock’s offerings for both institutional clients and high-net-worth individuals. Following the acquisition, the company established a dedicated Asset and Wealth Management division as a new line of business.
Beyond organic initiatives, Keyrock looks to strategic acquisitions as a way to drive growth. Through such steps, the company intends to strengthen its innovative digital asset solutions and increase its influence within the broader industry.
