Keyrock
TLDR
Keyrock is a Brussels-based digital asset market maker founded in 2017, valued at $1.1B after its Series C, making it Belgium's 8th Unicorn.
Overview
Founded in 2017 by Kevin de Patoul, Keyrock provides algorithmic market-making, liquidity provisioning, and treasury management services for digital asset markets. The company operates across centralized and decentralized exchanges, serving both token issuers and institutional trading desks.
Keyrock raised a $72M Series B in 2022, led by Ripple and SIX Fintech Ventures, before closing a Series C in March 2026 at a $1.1B valuation, led by SC Ventures and Ripple. The Series C cemented its Unicorn status and positioned it as one of the leading market makers in the European crypto space.
As Belgium's 8th Unicorn, Keyrock joins Collibra, Deliverect, Odoo, and others at the top of the Belgian startup valuation table.
Key People
- Kevin de Patoul - Co-founder
Funding History
- Keyrock Series B 2022 - $72M Series B (2022), led by Ripple and SIX Fintech Ventures
- Keyrock Series C 2026 - Series C at $1.1B valuation (2026), led by SC Ventures and Ripple
- Product Manager - Platform ProductsProduct Management and Marketing · Antwerp, Flemish Region, Belgium · remote
- Engineering Lead- OptionsEngineering and Information Technology · Brussels, Brussels Region, Belgium
- Rust Engineer - TradingEngineering and Information Technology · Brussels, Brussels Region, Belgium · remote
- Engineering Lead (Rust)Engineering and Information Technology · Brussels, Brussels Region, Belgium
- Technical Lead (Rust)Engineering and Information Technology · Antwerp, Flemish Region, Belgium
- VP Product – Capital MarketsProduct (Internal) · London
- Director, Corporate Sales US – Digital AssetsSales · New York
- Executive Director- Corporate SalesSales · London
- Head of Investor RelationsSales · London
- Engineering Lead- OptionsEngineering & Technology · New York
- Engineering Lead (Rust)Engineering & Technology · Brussels
- Compliance Officer / MLRO Switzerland & LiechtensteinLegal & Governance · Zurich
- Keyrock is backing this year’s Bitcoin Treasuries Unconference UK as a sponsor. Corporate treasury adoption of Bitcoin has surged in recent years. Public companies collectively hold more than 1.2 millLinkedIn · 22 May 2026
- Our latest research just dropped, produced alongside the Coinbase Developer Platform and Tempo with insight from Virtuals Protocol. We explore the fast arrival of machine-native payments and the ecosyLinkedIn · 21 May 2026
- 🇮🇹 Our experts are in Italy for ETHMilan. Connect with Philippe VORNIQUE and Alberto Amadio to meet and talk through your digital asset opportunity. You’ll also catch Alberto on stage as a speaker. LinkedIn · 21 May 2026
- Keyrock keeps growing. We’re hiring a Rust Engineer with trading experience and AWS knowledge to join our Capital Markets division. The successful candidate will build and optimise mission-critical trLinkedIn · 28 Apr 2026
- As Keyrock enters the next phase of our growth, we’re pleased to announce the promotion of Stef Wynendaele to Chief Commercial Officer. Having led Keyrock’s corporate team for 6 years, Stef is perfectLinkedIn · 27 Apr 2026
- Start next week with an edge. Join our Keyrock Insights Telegram channel for exclusive access to macro trends, breaking developments, and actionable insight, every Monday. Access the channel today. 🔗LinkedIn · 22 Apr 2026