Cryptocurrency Market Maker Keyrock is launching a new entity in the US and opening an office in New York, the company said in a press release Tuesday.
Keylock’s chief commercial officer, Robert Valdes Rodriguez, will lead the development of its New York business, the company said.
Valdes-Rodriguez has over 25 years of experience in senior management roles at traditional financial institutions, including Abn Amro, Scotiabank and Credit Agricole.
Improved clarity in US regulations under President Donald Trump’s new administration is expected to lead to a boom in digital assets.
The Securities and Exchange Commission (SEC) has established a new cryptographic task force led by Commissioner Hester Perth to draft new regulations for the industry.
“The US is naturally suited to our ambitions to be one of the biggest capital markets in the world and ultimately one of the biggest players in the global financial market,” said Kevin De Patroul, CEO of Keyrock, in the release.
Keylock was founded in Brussels in 2017 and has existing entities in Belgium, the UK, Switzerland and France.
Crypto Market Maker provides liquidity to over 85 centralized and decentralized trading venues around the world. The company has 170 employees and operates in 37 countries.