Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures The Brussels-based digital asset firm said the new capital will bolster its balance sheet and support expansion and acquisitions. By Will Canny | Edited by Nikhilesh De Mar 31, 2026, 8:30 a.m. Make preferred on Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures. (Shutterstock) What to know : Keyrock's Series C round was led by SC Ventures with participation from Ripple. The digital asset investment firm is now valued at $1.1 billion. The funds will be used for balance sheet strengthening, product development and M&A. Keyrock, a Brussels-based digital asset services firm, has raised a Series C round led by SC Ventures, the venture arm of Standard Chartered, at a valuation of $1.1 billion, the company said in a press release Tuesday. Ripple, which provides blockchain-based enterprise infrastructure, also participated in the fundraising as an existing backer. The funding round remains open and could total up to $100 million. Keyrock said in the release that the new capital will be used to strengthen its balance sheet, expand its suite of services and pursue acquisitions. Founded in 2017, the firm offers market making, asset management, over-the-counter (OTC) trading and options services across digital asset markets. It positions itself as a bridge between traditional financial institutions and crypto-native markets. "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,” Keyrock CEO Kevin de Patoul said in the release. Keyrock operates across more than 80 centralized and decentralized trading venues and has a workforce of over 200 employees globally. The firm expanded into asset and wealth management by acquiring Turing Capital, a Luxembourg-registered alternative investment fund manager, in September last year. That deal marked the launch of Keyrock’s Asset and Wealth Management division, a new business unit dedicated to institutional clients and private investors. Read more: CEO of crypto investment firm Keyrock says bitcoin is undervalued, entering ‘transition year’ Exclusive Crypto Trading Market Makers Keyrock More For You The Definitive Stablecoin Landscape Series: North America By CoinDesk Research Mar 26, 2026 Commissioned by Ripple As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption. Why it matters : Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all. View Full Report More For You Jack Dorsey’s Square auto-enables bitcoin payments for millions of U.S. businesses By Olivier Acuna | Edited by Aoyon Ashraf 14 hours ago The new rollout converts BTC to dollars by default for small businesses, aiming to embed bitcoin into everyday commerce without added friction. What to know : Square has begun automatically enabling bitcoin payments for millions of eligible U.S. sellers, instantly converting transactions to dollars at checkout with no processing fees through 2026. The new feature removes merchants’ exposure to bitcoin price volatility and custody issues by defaulting settlement to U.S. dollars while integrating directly into existing... Read full story Latest Crypto News Bitcoin demand falters as 'real' interest rates surge 1 hour ago Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut 2 hours ago Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto 2 hours ago KuCoin operator barred from U.S. after CFTC order, following $297 million DOJ case 3 hours ago Breaking Bitcoin with quantum may be easier than thought, with Taproot partly to blame, Google says 3 hours ago U.S. rule change may open trillions in 401(k) funds to crypto 10 hours ago Top Stories Jack Dorsey’s Square auto-enables bitcoin payments for millions of U.S. businesses 14 hours ago Democrats urge warnings to federal officials against insider bets on prediction markets 10 hours ago Bitmine makes biggest ether purchase in 2026 while other digital asset treasuries pull back 17 hours ago Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI 17 hours ago Trump-backed American Bitcoin hits 7,000 BTC as holdings expand rapidly 15 hours ago