Kraken partners with Deutsche Börse Group to boost tradfi-crypto integration
Crypto Briefing
Kraken and Deutsche Börse Group partnered to integrate traditional finance and crypto markets, starting with FX integration via 360T.Summary
Kraken, a regulated crypto trading platform, has formed a partnership with Deutsche Börse Group to enhance the integration between traditional finance (tradfi) and cryptocurrency markets. The collaboration will initially focus on integrating foreign exchange (FX) markets using Deutsche Börse Group's 360T electronic trading platform, aiming to improve institutional access to digital assets by bridging regulated infrastructure with crypto capabilities. Future plans include expanding Xstocks within the 360X ecosystem and developing new derivatives that would allow Kraken clients to trade Eurex-listed products through a regulated structure, giving Deutsche Börse Group direct crypto access via Kraken.
(Source：Crypto Briefing)