
PANews|Sep 16, 2025 15:32
[Keyrock Acquires Turing Capital for $27.8 Million to Expand Digital Asset Management Business]
According to The Block, digital asset trading infrastructure provider Keyrock has announced the acquisition of Luxembourg-based alternative investment fund manager Turing Capital for $27.8 million, and the establishment of an asset and wealth management division. Turing Capital CEO Jorge Schnura will lead the new division and join Keyrock's management team. The acquisition aims to strengthen Keyrock's investment services for institutional and high-net-worth clients, covering liquidity provision, long-term investments, and on-chain asset management. Keyrock has also recently expanded its operations in the U.S. and plans to apply for an investment advisory license under the EU MiCA regulations.
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