Deutsche Bank To Offer FX Service For Crypto Market Maker Keyrock
Deutsche Bank has partnered with Keyrock, a crypto-native market maker, to provide multi-currency accounts and foreign exchange services.
The alliance is said to allow the digital asset firm to optimize and expand its market-making and over-the-counter (OTC) trading services. The partnership will help Keyrock reduce counterparty and settlement risks by consolidating services with a single banking entity.
Founded in 2017, Keyrock offers liquidity solutions for digital asset markets and provides market-making and OTC trading for over 100 currency pairs in around 400 markets. By leveraging Deutsche Bank’s infrastructure, Keyrock seeks to expand its operations in key regions, including EMEA, APAC, and LATAM.
The bank will support over…
