Keyrock Expands into Asset Management with Turing Capital Acquisition
- Keyrock has acquired Turing Capital, a Luxembourg-registered alternative investment fund manager.
- This acquisition launches Keyrock’s Asset and Wealth Management division targeting institutional clients and private investors.
- Jorge Schnura, co-founder of Turing Capital, will lead the new division as its president.
- Keyrock plans to offer comprehensive services for digital assets, from liquidity provision to long-term investment strategies.
- The firm has applied for regulatory approval under the EU’s MiCA framework to provide portfolio management and advisory services.
The expansion allows Keyrock to integrate Turing Capital’s investment strategies into its platform, enhancing its service offerings in the digital asset space. This move positions Keyrock to capitalize on the migration of traditional financial products onto blockchain technology.
With this acquisition, Keyrock aims to meet institutional standards in asset management while providing a full lifecycle of services for digital assets.(Source)
