Digital asset service provider Keyrock completes Series C funding with a valuation of $1.1 billion, led by SC Ventures, a subsidiary of Standard Chartered Bank.

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Deep Tide TechFlow message. On March 31, according to CoinDesk, Brussels-based digital asset services provider Keyrock has completed a Series C funding round. It was led by SC Ventures, the risk investment arm of Standard Chartered Bank, with existing investor Ripple participating. After the financing, the company’s valuation reached $1.1 billion. This round of funding is still open, with a total size of up to $100 million.

Keyrock said the funds raised will be used to strengthen its balance sheet, expand its service matrix, and advance mergers and acquisitions. The company was founded in 2017, and currently provides services such as market making, asset management, over-the-counter (OTC) trading, and options. Its business covers more than 80 centralized and decentralized trading venues, with more than 200 employees worldwide.

In terms of business expansion, in September last year, Keyrock acquired an alternative investment fund management company, Turing Capital, registered in Luxembourg, and used it to set up an asset and wealth management division, focusing on serving institutional clients and private investors.

CEO Kevin de Patoul said that in 2026, the company will continue to drive growth in services, customer base, and geographic coverage to expand its market share and consolidate its position in the industry.

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