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Cryptocurrency investment firm Keyrock has completed a Series C funding round led by SC Ventures
Svmuu News: Belgian digital asset services firm Keyrock has completed a Series C funding round led by SC Ventures, a subsidiary of Standard Chartered Bank, valuing the company at $1.1 billion. Ripple participated as an existing investor. The round remains open and could reach a total of up to $100 million. The new funds will be used to strengthen the balance sheet, expand the service portfolio, and pursue acquisition opportunities. Founded in 2017, Keyrock provides market-making, asset management, over-the-counter (OTC) trading, and options services, serving more than 80 centralized and decentralized exchanges, with a global workforce of over 200 employees. The company expanded its asset and wealth management business last September through the acquisition of Turing Capital.
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