🚀 Deutsche Bank To Provide Keyrock With Multicurrency Accounts And Forex Services
#DeutscheBank #Keyrock #MulticurrencyAccounts #ForexServices #MarketMaking #OTCTrading #Collaboration #DigitalAssets #EMEA #APAC #LATAM
According to Odaily, Deutsche Bank will offer multicurrency accounts and foreign exchange services to Keyrock, a digital asset company. This collaboration aims to optimize and expand Keyrock's market-making and over-the-counter (OTC) trading services. By integrating these services into a single entity, Keyrock can reduce its counterparty and settlement risks. Additionally, this partnership will enable Keyrock to expand its operations across Europe, the Middle East, and Africa (EMEA), the Asia-Pacific (APAC) region, and Latin America (LATAM).#DeutscheBank #Keyrock #MulticurrencyAccounts #ForexServices #MarketMaking #OTCTrading #Collaboration #DigitalAssets #EMEA #APAC #LATAM
🚀 Stablecoin Platforms Offer Cost-Effective Cross-Border Transfers
#Stablecoin #CrossBorderTransfers #CostEffective #Remittances #MoneyTransfer #Finance #Keyrock #PANews
According to PANews, a report by Keyrock highlights the cost differences in cross-border remittances across various platforms. Traditional banks charge approximately 12.66% for a $200 transfer, while money transfer operators (MTOs) have a fee of around 5.35%. Mobile operators offer a more competitive rate at about 3.87%. In contrast, stablecoin platforms significantly reduce the cost of similar transactions to below 1%, enhancing the efficiency of fund transfers.#Stablecoin #CrossBorderTransfers #CostEffective #Remittances #MoneyTransfer #Finance #Keyrock #PANews
🚀 Keyrock Secures Series C Funding at $1.1 Billion Valuation
#Keyrock #SeriesC #Funding #Valuation #1Billion #SCVentures #NS3AI #Capital #Acquisition
Keyrock has successfully raised a Series C funding round, achieving a valuation of $1.1 billion. According to NS3.AI, the financing was led by SC Ventures. The round remains open and has the potential to reach a total of $100 million. Keyrock plans to utilize the new capital to enhance its balance sheet, expand its range of services, and explore acquisition opportunities.#Keyrock #SeriesC #Funding #Valuation #1Billion #SCVentures #NS3AI #Capital #Acquisition