Brussels-based digital asset services firm Keyrock announced a Series C funding round on Tuesday. The company secured a valuation of $1.1 billion led by SC Ventures, the venture arm of Standard Chartered. This investment underscores growing institutional confidence in regulated crypto infrastructure.\n\nFunding Specifics\n\nThe fundraising effort remains open and could total up to $100 million in new capital.
Ripple, which provides blockchain-based enterprise infrastructure, participated as an existing backer. Keyrock stated the funds will strengthen its balance sheet and pursue strategic acquisitions.\n\nEstablished in 2017, the firm offers market making, asset management, and over-the-counter trading services. It positions itself as a bridge between traditional financial institutions and crypto-native markets.
The company currently operates across more than 80 centralized and decentralized trading venues.\n\nStrategic Expansion\n\nKevin de Patoul, the company CEO, outlined the strategic vision for the coming year. He emphasized that the firm is pushing for growth in services, client base, and geographic reach. In 2026, we’re pushing for more growth in our services, client base, and geographic reach, as we look to gain greater market share and reinforce our position as a leading player,de Patoul said in the release.\n\nThe firm recently expanded into asset and wealth management by acquiring Turing Capital in September.
That deal marked the launch of Keyrock’s Asset and Wealth Management division. This unit is dedicated to institutional clients and private investors seeking digital asset exposure.\n\nThe round reflects a broader trend of institutional capital entering the digital asset space. Major banks and financial groups are increasingly backing infrastructure providers rather than direct token speculation.
This shift prioritizes compliance and long-term operational stability over short-term trading gains.\n\nKeyrock operates a workforce of over 200 employees globally to support its expanding service suite. The company aims to gain greater market share as regulatory frameworks mature across Europe and beyond. These developments signal a maturation phase for the cryptocurrency industry infrastructure.\n\nLooking ahead, the firm plans to leverage new capital to enhance its trading capabilities.
Investors will watch for further acquisition activity as the firm seeks to consolidate its market position. The outcome of this round could influence how traditional finance integrates with blockchain networks.
