Keyrock Hits $1.1 Billion Valuation After Series C Funding
- Keyrock, a Brussels-based digital asset investment group, has reached a valuation of $1.1 billion following a Series C funding round announced on March 31, 2026.
- The investment round was led by SC Ventures, the venture building and investment arm of Standard Chartered.
- The company stated that the new capital will be used to strengthen its balance sheet, expand its existing suite of services, and pursue new acquisitions.
Keyrock, a Brussels-based digital asset investment group, has reached a valuation of $1.1 billion following a Series C funding round announced on March 31, 2026.
The investment round was led by SC Ventures, the venture building and investment arm of Standard Chartered. Ripple, a provider of blockchain-based enterprise solutions, also participated in the funding as an existing backer.
The company stated that the new capital will be used to strengthen its balance sheet, expand its existing suite of services, and pursue new acquisitions. The funding round remains open as a rolling close and could potentially total up to $100 million.
Strategic Expansion and Service Offerings
Founded in 2017, Keyrock positions itself as a bridge between traditional financial institutions and crypto-native markets, providing financial expertise structured specifically for digital asset markets.
The group currently offers a range of services across more than 80 centralized and decentralized trading venues, including:
- Market making
- Asset management
- Over-the-counter (OTC) trading
- Options trading
In 2025, the company launched Keyrock Asset &. Wealth Management to expand its service capabilities. CEO Kevin de Patoul stated that for 2026, the firm is focused on increasing its client base, geographic reach, and market share to reinforce its position as a leading player in the sector.
Kevin de Patoul, CEO of Keyrock
Our latest funding round is a signal of intent for the future
Institutional Infrastructure and Market Context
The investment from SC Ventures reflects a broader institutional focus on the infrastructure required for digital asset markets to evolve. Alex Manson, CEO of SC Ventures, noted that sophisticated liquidity infrastructure is foundational to this evolution and that full-service providers like Keyrock will play a significant role as tokenized assets scale.
This development coincides with a wider trend of Fortune Global 500 companies increasing their operational participation in blockchain architecture. Several major firms have begun running validator nodes, which act as the servers of blockchain networks by upholding protocol rules and influencing network security and transaction throughput.
Recent examples of this institutional shift include:
- Visa, which became one of 40
super validators
on the Canton network. - Fidelity, which launched a Decentralized Verifier Network (DVN) on the LayerZero Protocol.
- Sumitomo Corp., which began validator node operations in February 2026 across the Ethereum, Avalanche, and Canton Network blockchains.
For corporate financial officers, the use of validators is increasingly critical as they influence the risk profile and economics of operations involving digital asset issuance and tokenized ecosystems.
Keyrock currently employs a global workforce of over 200 people as it continues to scale its operations within the tokenized economy.