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Digital asset firm Keyrock plans to acquire BlockFills out of bankruptcy
Keyrock, a Brussels-based digital asset services firm, is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A Keyrock spokesperson told CoinDesk that the acquisition is subject to court approval. According to a bankruptcy filing, Keyrock agreed to a purchase price of $3.25 million, and will assume “substantially…
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BlockFills Files for Chapter 11 Bankruptcy
The cryptocurrency lending sector continues to face mounting pressure as BlockFills, a Chicago-based digital asset platform, has filed for Chapter 11 bankruptcy protection. The development comes shortly after the company suspended client deposits and withdrawals, signaling deeper financial strain within its operations. The move reflects a broader pattern across the crypto industry, where firms…
