"Deutsche Borse's investment in Kraken marks a significant step in bridging traditional finance with the crypto market, emphasizing the importance of regulated offerings and improved liquidity for institutional clients."
"The partnership will enable Kraken to integrate with Deutsche Borse's 360T platform, providing users access to bank-grade foreign exchange liquidity and streamlining fiat to digital asset conversions."
"Kraken Embed will allow banks, fintech firms, and asset managers to offer crypto trading and custody services under their own brands, facilitating entry into the digital asset space."
Deutsche Borse has invested $200 million in Kraken, acquiring a 1.5% stake and valuing the crypto exchange at $13.3 billion. This partnership aims to integrate traditional finance with crypto markets, focusing on regulated offerings like tokenized assets and derivatives. Kraken will connect with Deutsche Borse's 360T platform to enhance liquidity for institutional clients. The collaboration also includes expanding Kraken Embed, allowing institutions to offer crypto trading under their brands. Future developments will depend on regulatory approval, including trading derivatives on Eurex through Kraken's platform.
Read at news.bitcoin.com
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