Deutsche Börse joins Kraken in ambitious push to unify digital markets
PositiveCryptocurrency

- Deutsche Börse has partnered with Kraken to create a unified digital market, aiming to connect foreign exchange, tokenized stocks, and Eurex derivatives in a phased rollout for institutional clients. This collaboration marks a significant step towards integrating traditional finance with digital assets.
- This initiative is crucial for both Deutsche Börse and Kraken as it enhances their competitive edge in the rapidly evolving cryptocurrency landscape, allowing them to offer a broader range of services to institutional investors and potentially increasing market liquidity.
- The move reflects a growing trend among financial institutions to embrace digital assets, as evidenced by Kraken's recent acquisition of Backed Finance to bolster its tokenization strategy and its confidential filing for an IPO, indicating a shift towards mainstream acceptance and regulatory clarity in the cryptocurrency sector.
— via World Pulse Now AI Editorial System






