We are proud to celebrate a major milestone from the Tenity ecosystem: Keyrock has secured its Series C funding round, reaching a $1.1 billion valuation and officially becoming a unicorn.
Tenity portfolio company Keyrock has closed its Series C funding round at a $1.1 billion valuation, officially reaching unicorn status. The round was led by SC Ventures, the venture and investment arm of Standard Chartered, with continued participation from Ripple. The new capital will strengthen Keyrock’s balance sheet, expand its market-making and digital asset services, and fund strategic acquisitions.
Founded in Brussels in 2017, Keyrock has built a leading position at the intersection of traditional finance and the tokenized economy. The company offers institutional-grade services across market making, asset management, OTC, and options trading, operating across 85 centralized and decentralized venues with a 220-person team in 37 countries. This milestone reflects both the strength of Keyrock’s execution and the growing institutional conviction in digital asset infrastructure as a category.
This milestone reflects not only Keyrock’s ambitious vision, but also the strength of the team in executing at scale in one of the most dynamic segments of financial services.
At Tenity, we are thrilled to see Keyrock continue its growth journey and reinforce its position as a leading player in digital asset infrastructure. We are especially excited to see the company entering this next chapter with the backing of globally recognized strategic investors.
Tenity’s view: why digital asset infrastructure is a conviction bet
Andreas Iten, CEO and Co-Founder of Tenity, on what Keyrock’s milestone signals for the broader digital asset space:
“A billion-dollar valuation doesn’t happen by accident. Congratulations to the Keyrock team on a milestone that reflects years of serious building. From early support through SIX Fintech Ventures to an ongoing partnership that continues to deepen, we’ve watched this team build with rare discipline. Digital asset infrastructure is no longer a bet; it’s a conviction. Tenity is doubling down on exactly that space, and Keyrock is one of the reasons why.”
Tenity has supported Keyrock since the early SIX Fintech Ventures days. The ongoing partnership reflects Tenity’s deliberate focus on institutional on-chain infrastructure as a core investment thesis. Congratulations to Kevin de Patoul and the entire Keyrock team. Learn more about Tenity’s venture capital focus.
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About Keyrock
Founded in Brussels in 2017, Keyrock is a neo investment group built for digital assets. The company is a leader in market making, asset management, research, and spot and options trading. Active across 85 centralized and decentralized venues worldwide, their 220-strong team operates across 37 countries, with entities in Belgium, the UK, Switzerland, France, and the U.S.
Keyrock provides the widest range of services in the market, allowing the group to deliver fully tailored support. Structured for the long-term, Keyrock is constantly evolving to drive progress in digital assets.
About Tenity
Tenity is a global innovation powerhouse shaping the future of finance and technology. With hubs in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul, Tenity blends venture capital, innovation partnerships and global ecosystem access to create value that compounds.
Through its unique hybrid model, Tenity helps ambitious founders grow, supports corporates in making innovation actionable, and gives investors early access to high-potential deal flow. Since launch, Tenity has partnered with 65+ leading institutions, supported 1,600+ startups, and runs innovation programs in over 15 countries. Across continents and industries, Tenity connects what’s next and backs those bold enough to build it.
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