Keyrock

Keyrock

Algorithmic trading and market making services

About Keyrock

Simplify's Rating
Why Keyrock is rated
C+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated D+ on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

51-200

Company Stage

Series B

Total Funding

$75.6M

Headquarters

City of Brussels, Belgium

Founded

2017

Overview

Keyrock focuses on algorithmic trading and market making for digital assets like cryptocurrencies. They use advanced algorithms to buy and sell these assets, improving market liquidity and efficiency for their clients, which include cryptocurrency exchanges and blockchain projects. By executing trades on both centralized and decentralized exchanges, Keyrock provides optimal prices while minimizing market impact. Their goal is to meet the growing demand for liquidity services in the expanding digital asset market.

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Simplify's Take

What believers are saying

  • Increased DeFi adoption boosts demand for Keyrock's liquidity services.
  • Tokenized assets expansion creates new opportunities for Keyrock's market-making.
  • AI integration enhances Keyrock's trading algorithm efficiency and accuracy.

What critics are saying

  • Autonomous AI agents in DeFi could disrupt Keyrock's traditional trading models.
  • Token unlocks significantly impact market prices, increasing volatility for Keyrock.
  • Staking solutions may divert institutional interest from Keyrock's services.

What makes Keyrock unique

  • Keyrock specializes in algorithmic trading and market making for digital assets.
  • They provide liquidity to cryptocurrency exchanges and blockchain projects.
  • Keyrock uses proprietary technology for trading on centralized and decentralized exchanges.

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Funding

Total Funding

$75.6M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$72M
Keyrock
$100M
ClickUp

Benefits

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

6%
The Block
Feb 4th, 2025
Olas raises $13.8 million to launch Pearl, an 'app store' for autonomous AI agents in crypto

The app store will allow users to directly own and control their AI agents on-chain for various use cases, including autonomous social media accounts and DeFi trading.

PR Newswire
Jan 23rd, 2025
P2P.Org Joins Northstake'S Eth Validator Marketplace As Staking Provider

The partnership will strengthen institutional confidence in Northstake's solution with secure, scalable, and compliant infrastructureCOPENHAGEN, Denmark, Jan. 23, 2025 /PRNewswire/ -- Northstake A/S has announced that P2P.org, a leading global staking platform, will join its ETH Validator Marketplace as a staking infrastructure provider. This collaboration will see P2P.org provide enterprise-grade node infrastructure, enhancing institutional confidence in Northstake's staking solution and advancing the broader $2.8 trillion staking market.Clients using Northstake's solution will be able to leverage P2P.org's institutional-grade infrastructure and expertise in operating validators on Ethereum. P2P.org is one of the largest validators on Ethereum surpassing 1 million staked ETH and $7.1 billion in total value locked (TVL) in 2024.Jesper Johansen, CEO and Founder of Northstake said: "The institutional staking landscape demands both innovation and scale. By partnering with P2P.org, we can offer one of the largest ETH validators in the Ethereum ecosystem to our clients. This collaboration represents a significant step forward in our mission to unlock institutional staking and total return ETH products."As one of the world's largest institutional-grade staking providers, P2P.org powers the blockchain economy by providing enterprise-grade node infrastructure and staking operations across more than 40 protocols for 130+ institutional clients

Finsmes
Jan 9th, 2025
Rena Labs Raises $3.3M in Pre-Seed Funding

Rena Labs, a NYC-based TEE abstraction middleware company, raised $3.3M in Pre-Seed funding

Silicon Canals
Dec 16th, 2024
How Keyrock Overcame The Great Crypto Crash To Become A Tech Leader In Market Making

When Satoshi Nakamoto released the Bitcoin white paper in 2008, the idea of a decentralised economy or a token economy seemed wild. However, in the past decade, we have come a long way in understanding the impact of blockchain, tokens, and the crypto token industry. While the crypto industry has gone from exploration to changing the economic system, one area that has fallen short of attention is liquidity and Keyrock, a Belgian startup on a mission to fix that deficit.Founded by Kevin de Patoul, Juan David Mendieta and Jeremy de Groodt, in 2017, Keyrock came at a time when the technology for crypto was still in its early stages and it lacked the solid infrastructure for market-making. This became an opportunity to build scalable systems supporting tokenised economies and providing liquidity across various markets.FoundationWhen Keyrock launched, its founders probably didn’t know that a bubble was waiting to burst and the crypto industry was turning into a bear market. However, they saw this as an opportunity to focus on the long-term, refine their systems, and grow in a more resilient way. With crypto companies struggling, Keyrock used the company to lay the foundation for a business that can scale effectively as the market matures.“Our mission has always been to help create efficient, liquid markets for digital assets, enabling tokenised economies to thrive, and that’s what sets us apart – our commitment to being there for our clients, no matter the market conditions,” says De Patoul, co-founder and CEO of Keyrock.At the centre of this foundation is the use of technology that plays a crucial role in ensuring liquidity in digital asset markets

PR Newswire
Dec 9th, 2024
Chorus One Joins Northstake'S Eth Validator Marketplace As Node Operator

The partnership will strengthen institutional confidence in Northstake's solution with secure, scalable, and compliant infrastructure. COPENHAGEN, Denmark, Dec. 9, 2024 /PRNewswire/ -- Northstake A/S has announced that blockchain node infrastructure provider, Chorus One, will join its ETH Validator Marketplace as a node operator. Through this partnership, Northstake has demonstrated a new staking model that allows asset managers to trade their ETH validators on a marketplace with industry-leading market makers, including GSR, Nonco, DV Chain, and Keyrock. This collaboration will also see Chorus One provide reliable and secure node infrastructure, enhancing institutional confidence in staking operations and advancing the broader $2.6 trillion staking market. Clients using Northstake's solution will be able to leverage Chorus One's robust infrastructure and expertise in operating validators on Ethereum

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