Deutsche Börse Drops $200M On Kraken In Push Toward Hybrid Crypto Markets
Deutsche Börse Group has invested $200 million in Kraken's parent company, Payward, acquiring a 1.5% fully diluted stake. This investment, part of a secondary transaction, aims to advance Deutsche Börse's digital asset strategy and provide institutional clients with regulated crypto services. The deal, expected to close in Q2 2026, deepens a partnership established in 2025. Separately, Kraken reported a security incident where a criminal group accessed limited client support data for about 2,000 accounts, though no funds were at risk. Meanwhile, Bitcoin and Ethereum saw significant price rallies, with Bitcoin climbing back to $75,600.
bitcoinist04/15 15:31