Keyrock has obtained regulatory approval from the Swiss Financial Services Standards Association (VQF)

2023-09-26 20:09:46

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ChainCatcher news, according to The Block, cryptocurrency market maker Keyrock has obtained regulatory approval from the Swiss Financial Services Standards Association (VQF) and plans to expand its fiat currency deposit and withdrawal services through its over-the-counter (OTC) trading platform.

Keyrock CEO Kevin de Patoul stated that the company's focus remains on ensuring the compliance and trust of its services. In addition to the existing USD and EUR currency pairs, Keyrock plans to support GBP and more than 10 other currencies. VQF is a self-regulatory organization recognized by the Swiss Financial Market Supervisory Authority (FINMA).

According to the crypto data platform RootData, in October 2022, Keyrock completed a $72 million Series B funding round, led by Ripple, with participation from Six Fintech Ventures and Middlegame Ventures, among others.

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Keyrock Cryptocurrency Market Maker

Kevin de Patoul