Deutsche Boerse Acquires $200 Million Stake in Kraken

Deutsche Börse has bought a $200 million stake in one of the most popular cryptocurrency exchanges in the United States, Kraken. The investment marks yet another direct capital injection by a traditional financial firm into a crypto business – a sign of broader institutional participation and deeper interest in the market. According to a Bloomberg report, this values Payward Inc., the parent company of Kraken, …