Major Funding Boost for Digital Asset Infrastructure
The European digital asset landscape witnesses a significant capital infusion. Keyrock, a leading Belgian-based service provider, has successfully closed its Series C funding round, marking a pivotal milestone in its expansion. The round was spearheaded by SC Ventures, the innovation investment arm of global banking giant Standard Chartered, highlighting the growing confidence of traditional finance in the regulated digital assets space.
Unicorn Valuation and Strategic Capital Deployment
This investment round propels Keyrock's valuation to an impressive $1.1 billion, officially granting it 'unicorn' status. The financing, which remains open and could reach up to $100 million in total, is earmarked for strategic initiatives. The fresh capital will primarily strengthen the company's balance sheet, fuel the expansion of its diversified service offerings, and empower it to pursue strategic acquisition opportunities to accelerate ecosystem growth.
A Versatile Powerhouse in the Ecosystem
Since its founding in 2017, Keyrock has evolved into a critical infrastructure player. It provides a comprehensive suite of services including market making, asset management, over-the-counter trading, and options solutions, catering to a broad spectrum of client needs. The company's extensive reach is evident in its partnerships with more than 80 centralized and decentralized trading platforms worldwide, demonstrating robust technological integration.
With a global team exceeding 200 professionals, Keyrock continues to scale its operations. To deepen its capabilities, the firm strategically acquired Turing Capital in the latter part of last year, significantly enhancing its asset and wealth management services and offering clients more holistic financial solutions.