Keyrock Completes $3.25M Acquisition of BlockFills Institutional Trading Business on July 16

According to The Block, Keyrock has completed the acquisition of BlockFills' institutional trading and brokerage business on July 16. The deal brings BlockFills' trading technology, institutional client relationships, and an experienced derivatives trading team to Keyrock.

The acquisition also expands Keyrock's regulatory footprint, adding a CIMA-registered entity in the Cayman Islands and positioning the company to obtain FCA authorization in the U.K. Keyrock acquired BlockFills for $3.25 million through the latter's bankruptcy restructuring proceedings.

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