Deutsche Börse to Invest $200M in Kraken’s Parent Company for 1.5% Stake
The post Deutsche Börse to Invest $200M in Kraken’s Parent Company for 1.5% Stake appeared on BitcoinEthereumNews.com.
Update April 14, 12:39 pm UTC: This article has been updated to include a comment from a Kraken spokesperson. Deutsche Börse said Tuesday it will invest $200 million in Payward, the parent company of crypto exchange Kraken, deepening a partnership between the two companies as the German exchange operator expands further into digital assets. The investment, which is subject to regulatory approval and is expected to close in the second quarter, will give Deutsche Börse a 1.5% fully diluted stake in Kraken through a secondary share purchase. The investment is another sign of growing interest in the cryptocurrency industry from traditional finance (TradFi) institutions. Deutsche Börse said the collaboration is intended to produce new products across trading, custody, settlement, collateral management and tokenized assets. The deal is part of the Frankfurt-headquartered stock exchange operator’s plans to offer access to a wider array of blockchain-based securities and tokenized investment products and builds on its prior partnership with Kraken. A spokesperson for Kraken told Cointelegraph that the deal was based on a secondary transaction involving existing shares and that it builds towards the two companies’ goal to bring crypto and TradFi closer as a “single, cohesive infrastructure for institutional clients,” rather than parallel systems. Related: Kraken IPO, M&A deals to reignite crypto’s ‘mid-stage’ cycle: fund manager Kraken said on Nov. 19, 2025, that it had confidentially submitted a draft registration statement to the US Securities and Exchange Commission for a proposed initial public offering, a day after announcing an $800 million fundraising round that valued the company at $20 billion. Top cryptocurrency exchanges by trading volume. Source: CoinMarketCap Kraken is one of the largest cryptocurrency exchanges by daily trading volume, according to CoinMarketCap data. TradFi institutions expand into crypto The move comes as other major financial market operators deepen their crypto exposure.…
Filed under: News - @ April 15, 2026 4:24 am