Digital asset firm Keyrock plans to acquire BlockFills out of bankruptcy
Keyrock is set to acquire bankrupt crypto trading and lending firm BlockFills for $3.25 million, pending court and regulatory approval. Under the deal, Keyrock would assume substantially all of BlockFills’ assets, selected liabilities, some equity interests, customer lists, and proprietary technology and IP. A bankruptcy hearing is scheduled for June 16, 2026. BlockFills’ operator, Reliz Technology Group and affiliates, filed Chapter 11 in March in Delaware after suspending customer withdrawals and deposits amid liquidity stress. The company cited a need to preserve value and maximize recoveries; filings showed assets of $50 million to $100 million and liabilities of $100 million to $500 million. Keyrock, a Brussels-based digital asset services firm, has been expanding through acquisitions and recently raised a Series C at a $1.1 billion valuation.
