Keyrock has completed the acquisition of assets from BlockFills’ institutional digital asset trading and brokerage business, expanding its client relationships, derivatives capabilities and global regulatory presence.
The transaction brings BlockFills’ trading technology, operational systems, clients and market professionals into Keyrock’s institutional platform. Keyrock operates across capital markets, over the counter execution, options, credit, onchain services and asset management.
The acquisition also includes a Cayman Islands entity registered with the Cayman Islands Monetary Authority. Keyrock is proposing to acquire a BlockFills entity authorised by the UK Financial Conduct Authority, subject to regulatory approval.
Keyrock said the integration would give institutional clients access to its regulatory and compliance infrastructure, balance sheet and established trading frameworks.
“This acquisition represents an exceptional opportunity to further strengthen our team with outstanding talent and accelerate our global reach,” said Juan David Mendieta, Keyrock’s cofounder and chief strategy officer.
