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 a team of derivatives traders to Keyrock. According to the announcement, the acquisition also expands Keyrock's regulatory footprint, giving 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. According to previous court documents and reports, Keyrock was selected in BlockFills' bankruptcy reorganization process at a price of $3.25 million.