Founded in 2017 in Brussels, Keyrock pulled most of its assets from FTX the weekend after the CoinDesk story broke, but “a little bit” remained stuck, de Patoul said. The amount was “not consequential” to operations or the stability of the firm, and no client funds were affected. The minimal exposure came down to solid risk-mitigation practices and an eye toward long-term strength rather than overly rapid growth.
Source: https://www.coindesk.com/business/2022/11/30/market-maker-keyrock-raises-72m-series-b-amid-ftx-contagion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines