Kraken partners with Deutsche Börse Group to boost tradfi-crypto integration
PositiveCryptocurrency
- Kraken has partnered with Deutsche Börse Group to enhance institutional access to cryptocurrency through its 360T platform, with plans to introduce Eurex-linked derivatives. This collaboration aims to bridge traditional finance and cryptocurrency markets, facilitating greater integration and access for institutional clients.
- This partnership is significant for Kraken as it positions the exchange to expand its offerings and attract institutional investors, thereby solidifying its role in the evolving landscape of digital finance and enhancing its competitive edge in the market.
- The collaboration reflects a broader trend of traditional financial institutions increasingly engaging with cryptocurrency, as seen in other recent partnerships and acquisitions aimed at integrating blockchain technology with conventional finance, highlighting the growing acceptance and demand for digital assets in mainstream finance.
— via World Pulse Now AI Editorial System
