Deutsche Börse Takes $200 Million Stake in Kraken, Deepening Crypto Push
By Micah Zimmerman
Deutsche Börse announced a $200 million stake acquisition in Kraken, securing a 1.5% fully diluted stake in its parent company Payward Inc., to expand its digital assets presence and bolster their existing partnership. The deal, pending regulatory approvals, is set to close in Q2 and will cover regulated crypto trading, tokenized markets, derivatives, and institutional liquidity. This follows Deutsche Börse's recent launches of a crypto trading platform and plans for Bitcoin and Ether custody via Clearstream.
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