Kraken announces strategic partnership with Deutsche Börse Group

PANews, December 4th - According to Businesswire, Kraken and Deutsche Börse Group announced a strategic partnership aimed at creating a unified access channel for traditional and digital asset markets. Effective immediately, the two companies will leverage their respective strengths to bridge the gap between traditional financial markets and the digital asset economy. This collaboration covers areas such as trading, custody, settlement, collateral management, and tokenized assets, and will launch a series of newly upgraded products and services, providing institutional clients with a seamless connection to both ecosystems. In the first phase of the partnership, Kraken will directly integrate with 360T, Deutsche Börse Group's forex trading platform. The collaboration will also utilize Kraken Embed technology to expand access to cryptocurrencies for institutional users within the Deutsche Börse Group network.