Deutsche Börse joins Kraken in ambitious push to unify digital markets

Deutsche Börse Group and US crypto exchange Kraken have formed a strategic partnership aimed at bridging traditional and digital financial markets. The collaboration intends to enhance institutional access to regulated crypto products, including spot trading, tokenized markets, and derivatives, while improving liquidity across jurisdictions. The phased rollout includes integrating Kraken's xStocks into Deutsche Börse’s 360X digital asset infrastructure, connecting Kraken with 360T for FX liquidity, and potentially expanding Kraken's access to Eurex derivatives, subject to regulatory approval. Furthermore, Clearstream-held securities are expected to be tokenized and distributed to Kraken's clients, building a holistic foundation for the next generation of financial innovation.

(Source：Cointelegraph)