Keyrock cryptography trade firm said it is expanding to assets and assets by acquiring Turing Capital, an alternative investment fund manager registered in Luxembourg.
The agreement, announced on Tuesday, marks the launch of the Keyrock Asset and Wealth Management Division, a new business unit dedicated to institutional clients and private investors.
Keyrock, founded in Brussels, Belgium and better known for his work in the Mar market, options and trade in OTC, said he will bend the investment strategies of Turing Capital and the Luxembourg Fund Management Structure on its broader platform. The division will be directed by the co -founder of Turing Capital, Jorge Schnura, who joins the Keyrock Executive Committee as president of the unit.
The company said the expansion will allow you to provide services throughout the life cycle of digital assets, from the provision of liquidity to long -term investment strategies. “In the near future, all assets will live in the chain,” said Schnura, noting that the merger positions the group to capture opportunities as traditional financial products migrate to the Blockchain rails.
Keyrock has also requested the regulatory approval under the EU cryptographic mica through a presentation before the Liechtenstein financial regulator. If approved, the company plans to offer portfolio and advisory management services, with the aim of competing directly with traditional asset administrators and cryptographic players.
“Today’s launch prepares the scenario for our long -term ambition: bringing asset management in the chain in a way that really meets institutional standards,” said Keyrock, Juan David Mendieta, in a statement.
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