Keyrock Completes Acquisition of BlockFills' Institutional Trading and Brokerage Business

Odaily Planet Daily News: Keyrock, a crypto infrastructure and capital markets company, has completed the acquisition of BlockFills' institutional trading and brokerage business. This transaction brings BlockFills' trading technology, institutional client relationships, and derivatives trading team to Keyrock. According to the announcement, the acquisition also expands Keyrock's regulatory footprint, granting it a CIMA-registered entity in the Cayman Islands, with plans to obtain FCA authorization in the UK. Keyrock did not disclose the acquisition price. Based on previous court documents and reports, Keyrock was selected in the BlockFills bankruptcy reorganization process with a bid of $3.25 million.