Brussels-based cryptocurrency liquidity provider Keyrock plans to expand its global services thanks to its new partnership with Deutsche Bank. This collaboration will allow Keyrock to expand its operations in regions such as EMEA, APAC and LATAM.
Deutsche Bank and Cryptocurrencies
The collaboration with Deutsche Bank offers Keyrock the opportunity to expand its operations in the EMEA, APAC and LATAM regions. This expansion aims to increase Keyrock’s capacity to provide crypto asset liquidity.
Under the agreement, Deutsche Bank will provide multi-currency accounts and foreign exchange solutions to Keyrock. In this way, Keyrock’s ability to provide liquidity in various markets will expand and its operational efficiency will increase.
We have partnered with global financial leader Deutsche Bank to develop global crypto asset operations. Through this collaboration, we are expanding our ability to optimize fiat currency management.
This partnership reinforces Keyrock’s position as a leader in digital asset liquidity in Europe, while also confirming Deutsche Bank’s commitment to supporting technology and fintech innovation.
Keyrock and Crypto
Operating since 2017, Keyrock offers market making and OTC services on over 100 currency pairs and approximately 400 markets. By integrating with Deutsche Bank’s infrastructure, transaction capability will be strengthened and transactions will occur “almost instantly.”
Keyrock optimizes its financial services by collaborating with Deutsche Bank. Thanks to its multi-currency accounts, it aims to reduce settlement and counterparty risks while effectively managing more than ten currencies.
On the other hand, Deutsche Bank’s presence in the cryptocurrency industry is known for its investments in companies such as Taurus and its support of crypto trading platforms such as Bitpanda. This partnership will further increase efficiency in the global crypto asset market.
Deutsche Bank’s initiatives in crypto custody started in 2021, and it applied for a crypto custody license with BaFin in 2023.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
