Deutsche Boerse Acquires $200 Million Stake in Kraken

Deutsche Boerse Acquires $200 Million Stake in Kraken

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Deutsche Börse has bought a $200 million stake in one of the most popular cryptocurrency exchanges in the United States, Kraken. The investment marks yet another direct capital injection by a traditional financial firm into a crypto business – a sign of broader institutional participation and deeper interest in the market. According to a Bloomberg report, this values Payward Inc., the parent company of Kraken, at $13.3 billion. Recall that earlier this year, Kraken became the first crypto exchange in the country to get access to a Fed Master account. Although it’s limited-purpose, the approval marked a signifi

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