Crypto Firm Keyrock Acquires Turing Capital for Asset Management Expansion

Keyrock, a crypto trading firm, is expanding into asset and wealth management by acquiring Turing Capital, an alternative investment fund manager based in Luxembourg.
The acquisition marks the launch of Keyrock's new Asset and Wealth Management division, targeting institutional clients and private investors.
Turing Capital’s investment strategies and fund management structure will be integrated into Keyrock's platform. Jorge Schnura, Turing Capital co-founder, will lead the division as president.
The expansion aims to offer a full range of services for digital assets, from liquidity provision to long-term investment strategies.
Keyrock is seeking regulatory approval under the EU’s MiCA framework via Liechtenstein’s financial regulator to provide portfolio management and advisory services.
This move positions Keyrock to compete with both traditional asset managers and crypto-native firms.
Keyrock CSO Juan David Mendieta expressed ambitions to bring asset management on-chain to meet institutional standards.