In brief Bitcoin treasury firm Nakamoto (NAKA) sold around $20 million in BTC. The firm still holds 5,342 Bitcoin, but is down an estimated $275 million on those holdings given its average weighted purchase price above $118,000. Shares in the firm reached a new all-time low on Tuesday, down nearly 80% in the last six months. Publicly traded Bitcoin treasury firm Nakamoto Holdings (NAKA) sold around $20 million worth of Bitcoin in an effort to improve its balance sheet and financial flexibility, but its stock fell to a fresh low early Tuesday following the late Monday announcement.The firm reported a…

Keyrock, a Brussels-based digital asset services firm, has raised a Series C round led by SC Ventures, the venture arm of Standard Chartered, at a valuation of $1.1 billion, the company said in a press release Tuesday.Ripple, which provides blockchain-based enterprise infrastructure, also participated in the fundraising as an existing backer. The funding round remains open and could total up to $100 million.Keyrock said in the release that the new capital will be used to strengthen its balance sheet, expand its suite of services and pursue acquisitions.Founded in 2017, the firm offers market making, asset management, over-the-counter (OTC) trading and…

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