The cryptocurrency company Keyrock, backed by Ripple, has announced a strategic partnership with Deutsche Bank to leverage the bank's institutional infrastructure. This collaboration will allow Keyrock to support multi-currency accounts and offer currency exchange services, improving settlement times with counterparties in the EMEA, APAC, and LATAM regions.
Keyrock intends to use Deutsche Bank's infrastructure to accelerate multi-currency operations and integrate currency exchange services. This will reduce risks related to settlements and counterparties and enable faster deal completion in the currency operations market.
Kevin de Patoul, CEO of Keyrock, stated that collaborating with such a respected global financial institution will allow the company to enhance its services and expand its capabilities in working with fiat currencies.
