Keyrock, a global crypto investment group leading in market making, OTC, and options trading for digital assets, has announced the acquisition of Turing Capital, a Luxembourg registered alternative investment fund manager.
The acquisition marks a significant milestone in the launch of Keyrock’s dedicated Asset and Wealth Management division, and strengthens the company’s ability to offer a broader range of services to institutional clients and private investors. Through this acquisition, Turing Capital’s crypto native investment strategies and Luxembourg registered fund management structure are added to Keyrock Group’s solid foundation in crypto capital markets and trading infrastructure.
Kevin de Patoul, CEO of Keyrock, stated: We’re proud to officially launch Keyrock Asset and Wealth Management and welcome the Turing Capital team into our fold. He added: This expansion positions us to better serve our institutional partners across the full spectrum of digital assets, from liquidity provision to long-term investment strategies.
The newly formed division operates as a distinct business unit within Keyrock and is led by Jorge Schnura, CEO and co-founder of Turing Capital, who will be appointed President of Keyrock Asset and Wealth Management. Schnura will also join Keyrock Group’s executive committee.
Jorge Schnura, CEO of Turing Capital, said: Merging our capabilities with Keyrock paves the way for a leading Asset and Wealth Management division in digital assets. Our shared vision is clear: in the near future, all assets will live onchain. This shift will unlock new investment opportunities, and we are uniquely positioned to support those navigating this transformation.
Turing Capital has established itself in the digital asset space with systematic, data-driven investment strategies and a strong focus on risk management and onchain capabilities. This provides Keyrock with a foundation to deliver secure, transparent, and institutionally aligned asset management services.
Juan David Mendieta, CSO of Keyrock said: Our mission is to provide the expertise, tools and risk management frameworks that traditional institutions require from digital asset management firms. Turing Capital shares our core principles, making them a natural fit for the Keyrock Group. Today’s launch sets the stage for our longer-term ambition: bringing asset management onchain in a way that truly meets institutional standards.
The Keyrock Group is also proposing to expand its activities to include crypto portfolio management and advisory services with a recent MiCA regulatory filing with the FMA in Liechtenstein (under regulatory review).
About Keyrock
Founded in Brussels in 2017, Keyrock is a global crypto investment group leading in Market Making, Asset Management, OTC, and Options trading for digital assets. Providing liquidity to over 85 centralized and decentralized venues worldwide, their 190-strong team operates across 37 countries, with entities in Belgium, the UK, Switzerland, Liechtenstein, France, and the U.S. Keyrock’s commitment to the industry is practical, not theoretical. They offer in-depth industry insights, co-create DeFi ecosystems, and actively support Web3 startups.
With Keyrock, the future of digital assets is not just envisioned; it’s actively being built.
About Keyrock Asset and Wealth Management
Launched following the acquisition of Turing Capital, Keyrock’s Asset and Wealth Management division is a quantitative asset management unit dedicated to systematically capturing market opportunities through advanced quantitative methodologies and institutional-grade execution. Led by Jorge Schnura, former CEO and co-founder of Turing Capital, the multidisciplinary team of quant researchers, mathematicians, and financial industry veterans strengthen the foundation for Keyrock Group to offer a broader range of long-term investment strategies to institutional clients and private investors.
Turing Capital’s leadership team includes five partners: Jorge Schnura, Javier Garay, Diego Álvarez, Miguel Nicolás, and Nicolás Rodríguez-Fraile
Image: Javier Garay, Kevin de Patoul and Jorge Schnura
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