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Keyrock to Acquire BlockFills’ Institutional Crypto Trading, Brokerage Assets

Source
JH Kim

Summary

  • Keyrock said it will acquire the trading and brokerage assets of the institutional crypto business of bankrupt US crypto trading firm BlockFills.
  • The deal will give Keyrock BlockFills’ client list, trading technology, derivatives expertise and regulatory licenses.
  • CoinDesk had previously reported that Keyrock agreed to acquire BlockFills for $3.25 million.

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Digital-asset services firm Keyrock will acquire the trading and brokerage assets of the institutional crypto business of bankrupt US crypto trading firm BlockFills.

CoinDesk reported on July 16 that Keyrock will gain BlockFills’ client list, trading technology, derivatives expertise and regulatory licenses.

Keyrock said the acquisition will help it expand its institutional crypto business.

CoinDesk had previously reported that Keyrock agreed to acquire BlockFills for $3.25 million.

Photo: Shutterstock
Photo: Shutterstock
#M&A
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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