Keyrock has secured fresh Series C funding led by SC Ventures, pushing its valuation to $1.1 billion as it accelerates global expansion and service growth.
Key Takeaways
- Keyrock reached a $1.1 billion valuation after its latest Series C funding round.
- SC Ventures led the investment, with continued backing from Ripple.
- The firm plans to strengthen its balance sheet and pursue acquisitions.
- Funding remains open, with the round potentially reaching up to $100 million.
What Happened?
Keyrock, a Brussels based digital asset services firm, announced a major Series C funding round led by SC Ventures. The investment values the company at $1.1 billion and signals growing institutional confidence in crypto infrastructure firms.
Ripple, an existing investor, also participated in the round, which remains open as the company explores additional capital to support its expansion plans.
Nine years. 220+ team members and counting. Industry-defining partners.
— Keyrock 🔑🪨 (@keyrock) March 31, 2026
Today we announce Series C funding from @scventuresDNA, @Ripple, and others, valuing Keyrock at $1.1B.
Congrats to our exceptional Keyrock team and partners. Expect more. 🚀https://t.co/IlVu3bGiuu
Keyrock Secures Strong Institutional Backing
Keyrock’s latest funding round highlights increasing interest from traditional financial players entering the digital asset space. SC Ventures, the venture arm of Standard Chartered, led the round, reinforcing its belief in the long term potential of crypto market infrastructure.
Alex Manson, CEO of SC Ventures, said:
Ripple’s continued participation also signals confidence in Keyrock’s ability to bridge traditional finance with blockchain based systems.
Expansion Plans and Growth Strategy
Keyrock plans to use the new capital to strengthen its financial position and expand its global footprint. The firm is also targeting acquisitions as part of its strategy to scale operations and diversify its offerings.
The funding round is structured as a rolling close, meaning additional investments could still come in. The total raise could reach up to $100 million, giving the company more flexibility to execute its long term plans.
CEO Kevin de Patoul emphasized the company’s ambition, stating:
Building a Bridge Between Traditional Finance and Crypto
Founded in 2017 in Brussels, Keyrock has positioned itself as a key player in digital asset markets by offering services such as:
- Market making
- Asset management
- Over the counter trading
- Options trading
The firm operates across more than 80 trading venues globally, including both centralized and decentralized platforms. Its team spans over 200 employees across more than 35 countries, reflecting its global reach.
Keyrock has also been expanding into wealth management. In 2025, the company acquired Turing Capital, a Luxembourg registered alternative investment fund manager. This move led to the launch of its Asset and Wealth Management division, targeting institutional clients and private investors.
Why This Funding Matters for Crypto Markets?
The investment comes at a time when the digital asset industry is increasingly focusing on infrastructure and liquidity solutions. As tokenized assets and institutional participation grow, firms like Keyrock are becoming critical to ensuring efficient market operations.
SC Ventures’ backing highlights a broader trend where traditional banks and financial institutions are actively investing in crypto-focused companies to stay competitive in the evolving financial landscape.
CoinLaw’s Takeaway
In my view, this funding round is not just about valuation, it is about validation. When a major banking player like SC Ventures doubles down on a firm like Keyrock, it signals that crypto infrastructure is no longer experimental, it is becoming essential.
I found Keyrock’s strategy particularly interesting because it is not chasing hype. Instead, it is building core services like liquidity, trading, and asset management. In my experience, these are the foundations that actually sustain markets long term. If Keyrock executes well on its expansion and acquisition plans, it could become one of the most important behind the scenes players in crypto.
