Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills

The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves. What to know : Keyrock is acquiring bankrupt crypto trading and lending firm BlockFills for $3.25 million, subject to court approval. BlockFills filed for Chapter 11 bankruptcy in March, reporting between $100 million and $500 million in liabilities but only between $50 million and $100 million in assets. The acquisition will give Keyrock access to BlockFills' institutional client network, which includes hedge funds, asset managers, market makers and mining companies.(Coindesk)