Cryptocurrency market maker Keyrock is launching a new entity in the U.S. and opening an office in New York, aiming to capitalize on the anticipated improvement in the regulatory climate under President Donald Trump’s administration.

• Robert Valdes-Rodriguez will head the development of the New York office, according to the company’s announcement.

Valdes-Rodriguez brings over 25 years of experience in leadership roles at financial institutions such as ABN AMRO, Scotiabank, and Credit Agricole.

The U.S. is expected to see a surge in digital assets with the new regulatory clarity coming from the SEC, which formed a crypto task force led by Hester Peirce to develop new regulations.

“The U.S., as the largest capital market in the world, is a natural fit for our ambitions to eventually become one of the largest players in global financial markets,” said Keyrock CEO Kevin de Patoul.
“As the largest capital market in the world, the U.S. suits our plans to grow in global financial markets.”

Founded in Brussels in 2017, Keyrock also has operations in Belgium, the U.K., Switzerland, and France, providing liquidity across 85 trading venues worldwide with a workforce of 170 in 37 countries.