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Quality assurance and product management: Keyring Network relies on adesso’s nearshore delivery expertise

When British blockchain start-up Keyring Network needed a partner to help deliver key project areas its regulatory-compliant infrastructure for institutional stablecoin use, the company turned to IT service provider adesso. Keyring Network, which serves clients in the institutional finance sector, is building an interoperable blockchain infrastructure that meets regulatory requirements. To ensure the platform delivers the reliability and performance its customers expect, the FinTech brought adesso on board in April 2025 to provide quality assurance, test management and product responsibility services.

The collaboration has delivered such strong results that Keyring Network has expanded adesso’s mandate in recent months. A European nearshore team based in Austria carries out the project work, whilst adesso UK manages coordination and customer engagement in the local market. This partnership enables Keyring Network to focus on what matters most: providing its institutional clients with a secure, compliant infrastructure for blockchain-based financial operations.

Flexible delivery model for a dynamic growth market

Stablecoins are considered a key technology in digital finance for the coming years. According to forecasts, their market volume is expected to grow to over 500 billion US dollars by 2028. Unlike volatile cryptocurrencies, stablecoins offer value stability whilst still enabling speed, transparency and decentralisation in payment transactions.

For Keyring Network, operating in this rapidly evolving space requires partners who can keep pace with constant regulatory and technological shifts. “We rely on partners who can navigate a highly dynamic regulatory and technological environment,” explains Alex McFarlane, co-founder and CEO of Keyring Network.

The company needed a delivery model that could match the market’s velocity. Keyring Network found this flexibility and scalability in adesso’s global delivery approach. The structure gives Keyring Network direct access to on-site management through adesso UK, who handle product development, customer relations and delivery team coordination. Meanwhile, adesso’s specialist teams in Austria execute the operational work, including testing and quality assurance. Should Keyring Network’s needs grow or change, the company can draw on over 11,000 additional experts across adesso’s global network at any time.

Alex McFarlane is co-founder and CEO of Keyring Network, a provider of an interoperable, regulatory-compliant blockchain infrastructure for the institutional use of stablecoins. (Source: Keyring Network)

Alex McFarlane is co-founder and CEO of Keyring Network, a provider of an interoperable, regulatory-compliant blockchain infrastructure for the institutional use of stablecoins. (Source: Keyring Network)

McFarlane adds: “adesso quickly proved itself through its expertise, agility and cultural fit. We were particularly impressed by the professionalism, smooth international cooperation and attitude of our colleagues.”

Bridge between the decentralised and traditional financial worlds

Founded in the United Kingdom in 2022, Keyring Network faces a complex challenge: enabling institutional clients to use stablecoins whilst meeting stringent regulatory requirements. The company’s solution, the Keyring Protocol, provides a platform for regulatory-compliant stablecoin transactions at an institutional level.

Tom Strube, Head of Consulting at adesso Austria, says: “The requirements for security, scalability and regulatory compliance in digital payments are enormous. With the help of the technical and industry expertise of the entire adesso Group, we can implement an infrastructure with Keyring Network that enables next-generation digital financial flows.”

Tom Strube is Head of Consulting at adesso Austria. (Source: adesso)

Tom Strube is Head of Consulting at adesso Austria. (Source: adesso)

Keyring Network’s clients, including banks, financial service providers and asset managers, need to exchange tokenised assets securely and lawfully across different blockchains. The rule-based framework addresses this by combining on-chain transparency with off-chain compliance. This enables customers to handle treasury management, cross-border payments and digital settlement in capital market transactions with confidence. Laser Digital, a company owned by the Japanese Nomura Group, is already testing real stablecoin transactions using the technology, demonstrating the practical value for institutional users.

Liberatore Raspa, Managing Director of adesso UK, adds: “Our commitment to innovation and regulatory excellence is not an end in itself. By supporting start-ups such as Keyring Network in the development of disruptive technologies, we are making a tangible contribution to Europe’s digital future. This is in line with our ambition to actively shape the transformation of the continent.”

Liberatore Raspa is Managing Director of adesso UK. (Source: adesso)

Liberatore Raspa is Managing Director of adesso UK. (Source: adesso)

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