Digital asset services company Keyrock has completed a Series C funding round led by SC Ventures, valuing the company at $1.1 billion.

Belgian digital asset services company Keyrock has completed a Series C funding round led by Standard Chartered's SC Ventures, valuing the company at $1.1 billion. Ripple participated as an existing investor. The round is still open for further funding, with a maximum size of $100 million. The new funds will be used to strengthen the balance sheet, expand the product line, and pursue acquisition opportunities.