Keyrock announced a partnership with Deutsche Bank aimed at optimizing FX operations and fiat currency management for both parties.
Expanded Multi-Currency Settlement Capabilities
Deutsche Bank's infrastructure facilitates seamless FX and settlements for multi-currency accounts in over 10 currencies. This allows Keyrock to effectively participate in forex markets and peer-to-peer trading. Faster settlements enable international markets to operate quicker and improve liquidity management. "This partnership is a significant step forward for Keyrock," said Kevin de Patoul, CEO of Keyrock. "Working with Deutsche Bank enables us to partner with one of the most respected financial institutions worldwide.
Deutsche Bank's Support for Fintech and Digital Assets
Deutsche Bank is committed to supporting fintech innovation and digital finance. The partnership with Keyrock enables the bank to deepen its involvement in crypto and blockchain-based finance. Kilian Thalhammer, Deutsche Bank’s Global Head of Merchant Solutions, emphasized the importance of the partnership for the emerging digital asset industry.
Keyrock's Growth After Series B Funding and Swiss License
Keyrock continues its growth by strengthening its presence in Europe's digital asset market after raising $72 million in a Series B round led by Ripple. With support from Deutsche Bank, Keyrock improves access to FX markets and manages settlement risks, enabling faster and more secure transactions across currencies and regions.
The partnership with Deutsche Bank provides Keyrock with new opportunities to advance in fiat and crypto management, strengthening the company's position in the digital asset market.