Keyrock Achieves $1.1B Valuation in SC Ventures-Led Funding

Keyrock, a prominent digital asset infrastructure provider headquartered in Brussels, has achieved a significant milestone, crossing the $1.1 billion valuation mark following its latest Series C funding initiative. The round, spearheaded by SC Ventures, the investment arm of global banking giant Standard Chartered, underscores the escalating institutional confidence in the digital asset ecosystem. The funding initiative is still open and anticipates reaching up to $100 million, with additional backing from blockchain payments innovator Ripple.

This substantial capital infusion is earmarked for bolstering Keyrock's balance sheet, accelerating its product development pipeline, and exploring strategic mergers and acquisitions. The company's strategic objective is to fortify its position as a premier provider of institutional-grade digital asset infrastructure. Operating across an extensive network of over 80 centralized and decentralized trading platforms, Keyrock now employs a global team exceeding 200 professionals dedicated to servicing the evolving needs of the digital asset market.

Established in 2017 by Kevin de Patoul and Dimitri de Jonghe, Keyrock has carved out a niche by offering sophisticated algorithmic market making, over-the-counter (OTC) trading solutions, and comprehensive treasury management services tailored for digital assets. Its role as a critical infrastructure layer for exchanges, token issuers, and traditional financial institutions highlights the growing convergence between traditional finance and the digital asset space. This sector is projected for significant growth, with estimates suggesting the global digital asset market could reach trillions in the coming years, driven by increasing regulatory clarity and institutional adoption.

The recent funding round represents a dramatic increase from Keyrock's Series B, where it secured $72 million at a valuation of approximately $500 million. This leap to unicorn status reflects not only the company's robust growth but also the broader market trend of increasing institutional engagement with cryptocurrencies and other digital assets. The demand for regulated, reliable, and scalable infrastructure solutions is intensifying as more established financial players enter the arena.

Further demonstrating its expansive ambitions, Keyrock made a strategic move in September 2025 by acquiring Turing Capital, a Luxembourg-based alternative investment fund manager. This acquisition marked the formal launch of Keyrock's Asset and Wealth Management division, signaling a clear intent to broaden its service offerings beyond core market making into more comprehensive financial services for digital assets.

SC Ventures' involvement is particularly noteworthy. The firm has been a proactive investor in the blockchain and digital asset sector, viewing companies like Keyrock as vital conduits for integrating traditional banking services with the burgeoning digital asset markets. Standard Chartered's consistent support for blockchain innovation through SC Ventures positions it as a forward-thinking institution navigating the future of finance.