Keyrock Completes Acquisition of BlockFills' Institutional Trading and Brokerage Business
Svmuu News: Keyrock, a crypto infrastructure and capital markets firm, has completed its acquisition of BlockFills’ institutional trading and brokerage business. The transaction brings BlockFills’ trading technology, institutional client relationships, and derivatives trading team to Keyrock. According to the announcement, the acquisition also expands Keyrock’s regulatory footprint, giving it a CIMA-registered entity in the Cayman Islands, and the company plans to seek FCA authorization in the United Kingdom. Keyrock did not disclose the purchase price. According to previous court filings and reports, Keyrock was selected during BlockFills’ bankruptcy reorganization proceedings for $3.25 million.
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Source:Odaily · Source Link
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