Keel Infrastructure Corp's stock soared 17.44% during morning trading on Tuesday, marking a significant surge for the crypto-related infrastructure company.

The sharp increase came as part of a broader rally in cryptocurrency-related stocks, driven by Bitcoin climbing to its highest level in four weeks. The largest cryptocurrency advanced amid optimism that the United States could strike a deal with Iran to end their conflict, boosting risk assets across financial markets.

President Donald Trump's claim that Iran had reached out for potential peace talks fueled the market optimism, even as geopolitical tensions in the region continued with a US naval blockade of the Strait of Hormuz. The positive sentiment spilled over to crypto stocks, with multiple companies in the sector experiencing substantial gains during the trading session.