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Keyrock Reaches $1.1 Billion Valuation in SC Ventures-Led Series C

The bank-backed deal signals rising confidence in institutional crypto infrastructure.

Overview

  • Keyrock, which disclosed the raise Tuesday, secured a Series C led by Standard Chartered’s SC Ventures that values the firm at $1.1 billion with Ripple participating.
  • The financing uses a rolling close that keeps the round open and could reach up to $100 million to bolster the balance sheet, build products, and fund acquisitions.
  • CEO Kevin de Patoul said 2026 will focus on expanding services, winning more institutional clients, and growing into new regions.
  • The Brussels company operates on more than 80 centralized and decentralized trading venues and employs over 200 people worldwide.
  • SC Ventures chief Alex Manson said liquidity infrastructure is central to digital-asset markets, signaling stronger institutional backing for full-service crypto providers.