Digital asset service provider Keyrock completes Series C funding, with SC Ventures, a subsidiary of Standard Chartered Bank, leading the investment.

BlockBeatNews

BlockBeats message, March 31, digital asset services provider Keyrock completes its Series C financing round. The round is led by SC Ventures, the risk investment arm of Standard Chartered Bank, with existing investor Ripple also participating. After the financing, the valuation reaches $1.1 billion. This round of financing is currently still open, with a maximum total size of up to $100 million.

Keyrock said that the funds raised will be used to strengthen its balance sheet, expand its service matrix, and drive mergers and acquisitions. Keyrock currently offers services such as market making, asset management, over-the-counter (OTC) trading, and options. Its business covers more than 80 trading platforms.

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