MiCA Masters: Market makers

Laura Chaput, Head of Regulatory Compliance at Keyrock, one of Europe’s leading market makers for digital assets joins episode 42 of MiCA Masters! From launching a compliance programme from scratch at a fast-growing firm to navigating complex regulatory challenges, Laura shares sharp, actionable insights from the front lines.

We unpack:

• Keyrock’s approach to market making across centralized and decentralized venues
• The challenges of regulatory ambiguity around market making under MiCA
• Why due diligence on tokens remains a high-friction process—and how to streamline it
• How Keyrock has been preparing for MiCA Title VI market abuse requirements
• liquidity pools and DeFi risks
• Laura’s view on the future of market makers in a tokenized world

This episode offers a behind-the-scenes look at what it takes to scale a responsible market maker in a changing regulatory landscape.