Revolutionizing Digital Asset Trading: Keyrock and Deutsche Bank's Transformative Partnership

Oct 16, 2024 at 10:03 AM

Unlocking the Future: Keyrock and Deutsche Bank's Strategic Partnership Revolutionizes Digital Asset Trading

In a groundbreaking move, global digital asset market maker Keyrock has forged a strategic partnership with the esteemed financial institution, Deutsche Bank. This collaboration aims to optimize payment and FX operations, empowering Keyrock's market-making activities and over-the-counter (OTC) trading, while also addressing the evolving needs of clients and users in the dynamic digital asset landscape.

Powering the Digital Asset Revolution: Keyrock and Deutsche Bank's Transformative Alliance

Leveraging Institutional-Grade Infrastructure for Seamless Digital Asset Trading

The partnership between Keyrock and Deutsche Bank is set to leverage the latter's robust institutional-grade infrastructure to support Keyrock's digital asset market-making operations. This collaboration will provide Keyrock with access to multi-currency accounts in multiple currencies, along with integrated FX services. This strategic move is expected to enable Keyrock to trade in a diverse range of currencies, optimizing settlement times with their counterparties across the regions of EMEA, APAC, and LATAM.

Navigating the Evolving Regulatory Landscape with Compliance Expertise

As the digital asset industry continues to evolve, both Keyrock and Deutsche Bank are committed to prioritizing compliance with the regulatory requirements and laws governing the industry. By combining their expertise and resources, the two financial institutions aim to ensure that their clients and users can navigate the ever-changing regulatory landscape with confidence and ease.

Expanding Keyrock's FX Capabilities for Optimized Trading

The strategic partnership with Deutsche Bank will significantly enhance Keyrock's FX capabilities, providing access to over 100 currency pairs and multi-currency accounts. This expanded access is expected to enable Keyrock to execute FX spot trades with near-instant settlements, optimizing the handling of fiat currencies and further streamlining their market-making operations.

Reducing Counterparty and Settlement Risks through Consolidated Services

By consolidating services with a single provider, the Keyrock-Deutsche Bank partnership will help reduce counterparty and settlement risks. This alignment with Deutsche Bank's strategy of supporting tech and fintech innovation will further strengthen the overall digital asset ecosystem.

Accelerating the Development of the Digital Asset Industry

The collaboration between Keyrock and Deutsche Bank aims to drive the development of the digital asset industry forward. By working closely to enable cross-currency management and transactional FX solutions, the two institutions are poised to enhance customer experience and satisfaction, ultimately contributing to the growth and maturity of the digital asset market.

Unlocking New Opportunities in the Digital Asset Landscape

The Keyrock-Deutsche Bank partnership represents a significant milestone in the digital asset industry. By leveraging Deutsche Bank's industry expertise, infrastructure, and commitment to optimization, Keyrock is positioned to expand its market-making capabilities and solidify its position as a leading global digital asset market maker. This strategic alliance is set to unlock new opportunities and drive the continued evolution of the digital asset ecosystem.