Digital Asset Service Provider Keyrock Completes Series C Funding Round, Led by SC Ventures, a subsidiary of Standard Chartered Bank

BlockBeats News, March 31st, digital asset service provider Keyrock completed its Series C financing round, led by SC Ventures, the venture capital arm of Standard Chartered Bank, with existing investor Ripple participating in the round. The post-financing valuation reached $1.1 billion. The current round of financing is still open and the total funding could reach up to $100 million.

Keyrock stated that the raised funds will be used to strengthen its balance sheet, expand its service matrix, and advance its mergers and acquisitions. Keyrock currently provides services such as market making, asset management, over-the-counter (OTC) trading, and options, with its business covering over 80 exchanges.