Keyrock, a Brussels-based digital asset services firm, has raised a Series C round led by SC Ventures, the venture arm of Standard Chartered, at a valuation of $1.1 billion, the company said in a press release Tuesday.<\/p>\n
Ripple, which provides blockchain-based enterprise infrastructure, also participated in the fundraising as an existing backer. The funding round remains open and could total up to $100 million.<\/p>\n
Keyrock said in the release that the new capital will be used to strengthen its balance sheet, expand its suite of services and pursue acquisitions.<\/p>\n
Founded in 2017, the firm offers market making, asset management, over-the-counter (OTC) trading and options services across digital asset markets. It positions itself as a bridge between traditional financial institutions and crypto-native markets.<\/p>\n
“In 2026, we\u2019re pushing for more growth in our services, client base, and geographic reach, as we look to gain greater market share and reinforce our position as a leading player,\u201d Keyrock CEO Kevin de Patoul said in the release.<\/p>\n
Keyrock operates across more than 80 centralized and decentralized trading venues and has a workforce of over 200 employees globally.<\/p>\n