Deutsche Börse joins Kraken in ambitious push to unify digital markets
Kraken and Deutsche Börse plan to connect foreign exchange, tokenized stocks and Eurex derivatives in a phased rollout targeting institutional clients.
Deutsche Börse Group, a global exchange organization, has entered into a strategic partnership with the US crypto exchange Kraken with a mission of bridging traditional and digital markets.
Kraken and Deutsche Börse are joining forces to create unified access across traditional and digital asset markets, according to a joint announcement on Thursday.
The companies plan to improve institutional access to regulated crypto products, including spot trading, tokenized markets and derivatives, as well as enhanced liquidity for institutions across multiple jurisdictions.
