"Keyrock's recent funding round, which valued the company at $1.1 billion, signifies a pivotal moment in institutional backing for crypto market infrastructure, highlighting a shift towards deeper engagement from major financial players."
"The investment led by SC Ventures underscores the belief that sophisticated liquidity infrastructure is essential for the maturation of digital asset markets, as institutions increasingly seek reliable services in tokenized finance."
Keyrock, a Brussels-based digital asset firm, achieved a $1.1 billion valuation following its Series C funding round. The investment, led by SC Ventures and supported by Ripple, aims to enhance Keyrock's balance sheet and facilitate acquisitions. Founded in 2017, Keyrock provides liquidity and trading infrastructure for both centralized and decentralized markets. The firm operates across 85 trading venues and employs over 220 staff in 37 countries. The investment reflects a growing institutional demand for robust infrastructure in the evolving digital asset landscape.
Read at news.bitcoin.com
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