US EditionDeutsche Boerse Buys $200 Mln Stake in Crypto Giant Kraken
The investment deepens a crypto partnership that Deutsche Börse says will expand regulated trading, tokenized markets and derivatives for institutional clients.
- On Tuesday, Deutsche Boerse acquired a $200 million stake in Kraken parent Payward Inc., resulting in a 1.5% fully diluted ownership interest valued at $13.3 billion through a secondary market transaction.
- This investment deepens a partnership established in December 2025 to bridge traditional and digital markets, following Deutsche Boerse's expansion into crypto trading platforms and Clearstream custody services since 2024.
- Other major exchanges including the New York Stock Exchange and Nasdaq have pursued similar crypto integrations, while Kraken previously secured $800 million in funding in November, including $200 million from Citadel Securites.
- "Spanning trading, custody, settlement, collateral management, and tokenized assets, the partnership will unlock a new range of enhanced products and services that deliver frictionless access to both ecosystems...for institutional clients," Deutsche Boerse said.
- While Kraken previously planned to go public, the company put the IPO process on hold due to unfavorable market conditions, though an IPO remains under consideration pending improved conditions.
23 Articles
23 Articles
Germany's largest stock exchange operator buys 200 million dollars from the crypto-trading platform Kraken. Deutsche Börse wants to penetrate deeper into the Bitcoin and Co. business.
Germany's largest stock exchange operator buys 200 million dollars from the crypto-trading platform Kraken. Deutsche Börse wants to penetrate deeper into the Bitcoin and Co. business.
Deutsche Boerse acquires $200M stake in Kraken to deepen push into crypto markets - Tech Startups
Europe’s largest exchange operator is putting real money behind its crypto strategy. Deutsche Börse said Tuesday it has acquired a $200 million stake in U.S.-based crypto exchange Kraken, tightening a relationship that started late last year. The investment comes through […] The post Deutsche Boerse acquires $200M stake in Kraken to deepen push into crypto markets first appeared on Tech Startups.
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