Deutsche Börse has acquired a two hundred million dollar stake in Kraken, one of the leading cryptocurrency exchanges in the United States.
This move represents another major investment from a traditional finance institution into the crypto sector, highlighting growing institutional interest and involvement in digital assets.
According to a Bloomberg report, the deal places the valuation of Payward Inc., Kraken’s parent company, at approximately thirteen point three billion dollars.
Earlier this year, Kraken made history by becoming the first cryptocurrency exchange in the United States to gain access to a Federal Reserve master account. Although the access is limited in scope, it marked an important development in the relationship between digital asset firms and the traditional financial system.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
