Keyrock has officially taken over assets from BlockFills, a move that significantly boosts its operational capacity in the world of institutional digital asset trading. This acquisition comes with a price tag of $3.25 million and includes virtually all of BlockFills’ assets, along with key technology and a diverse client base.
With this transaction, Keyrock gains access to BlockFills’ advanced trading technology and a host of experienced professionals from traditional finance. Notably, Perry Parker, who has over three decades of experience at major firms like Goldman Sachs and Deutsche Bank, joins the team. Furthermore, Dan Schak, who previously led risk and trading operations at BlockFills, adds 18 years of expertise in options trading and risk management.
This strategic acquisition is expected to enhance Keyrock's services, particularly in derivatives trading, which has been rapidly growing due to increasing institutional interest. Antoine Lours, head of options trading at Keyrock, highlighted the rising demand for digital asset options as a key driver for this segment of their business.
BlockFills, which filed for Chapter 11 bankruptcy in March with liabilities estimated between $100 million and $500 million, previously processed over $60 billion in trading volume in 2025, serving around 2,000 institutional clients. Keyrock’s integration plan will be rolled out in phases, ensuring that affected clients are well-informed throughout the process.
This article is for informational purposes only and does not constitute financial advice.
