Deutsche Börse joins Kraken in ambitious push to unify digital markets

CointelegraphThursday, December 4, 2025 at 1:31:29 PM
Deutsche Börse joins Kraken in ambitious push to unify digital markets
  • 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

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Bitmine Buys Another 18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details
PositiveCryptocurrency
Bitmine has made a significant move by purchasing an additional 18,345 Ethereum, valued at approximately $54.94 million, as part of its ongoing accumulation strategy. This acquisition comes as Ethereum's price has reclaimed the $3,000 level, following a positive market reaction to improved macroeconomic conditions and the Federal Reserve's end of Quantitative Tightening.
BitMine-linked wallet withdraws 30,278 ETH from Kraken ahead of Fusaka upgrade
PositiveCryptocurrency
A wallet linked to BitMine has withdrawn 30,278 ETH from Kraken in anticipation of the upcoming Fusaka upgrade, reflecting a strategic move to optimize its cryptocurrency holdings. This withdrawal aligns with BitMine's recent activities, including significant acquisitions of Ethereum, which have bolstered its treasury position.
Kraken buys Backed Finance to expand tokenized stock platform
PositiveCryptocurrency
Kraken, the third-largest centralized exchange in the U.S., has acquired Backed Finance to enhance its tokenized stock platform. This strategic move aims to integrate traditional finance with blockchain technology, allowing Kraken to offer a broader range of tokenized equity options through the xStocks platform.
Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house
PositiveCryptocurrency
Kraken has announced the acquisition of Backed Finance, which will allow the cryptocurrency exchange to gain full control of the xStocks tokenized-equity platform. This move is part of Kraken's strategy to enhance its offerings in regulated real-world assets.
Kraken Moves to Acquire Backed in Bid to Expand Global Tokenized Equities
PositiveCryptocurrency
Kraken has announced its acquisition of Backed Finance, a strategic move aimed at expanding its global tokenized equities offerings through the xStocks platform. This acquisition is part of Kraken's ongoing efforts to integrate traditional finance with blockchain technology, enhancing its position in the cryptocurrency market.
Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates
PositiveCryptocurrency
Kraken has announced its acquisition of Backed Finance, a Switzerland-based tokenization specialist, as part of its strategy to enhance its offerings in the tokenized equity space through the xStocks platform. This move is seen as a response to the accelerating trend of integrating real-world assets (RWA) into the cryptocurrency market.
Kraken to acquire Backed Finance to bolster tokenization strategy
PositiveCryptocurrency
Kraken has announced its acquisition of Backed Finance, a strategic move aimed at enhancing its tokenization strategy and potentially accelerating the integration of traditional finance with blockchain technology. This acquisition is expected to bolster institutional adoption of cryptocurrencies.