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Keyrock deepens crypto derivatives push with BlockFills deal

Keyrock deepens crypto derivatives push with BlockFills deal

Keyrock has completed its acquisition of the trading and brokerage assets of BlockFills’ institutional digital asset business, expanding its reach across crypto market making, over-the-counter trading, options and other capital-market services. 

Summary

  • Keyrock acquires BlockFills trading assets, adding institutional clients, derivatives expertise and technology to its platform.
  • The transaction expands Keyrock’s regulatory reach through Cayman registration and a proposed U.K. FCA entity.
  • BlockFills entered bankruptcy after reported losses, while Keyrock now plans phased integration of acquired operations.

The Brussels-based firm said the deal adds BlockFills’…

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