Kraken Gets a $200M Hug from Deutsche Börse: TradFi’s Awkward Crypto Embrace
Deutsche Börse, the German stock exchange operator that’s been around longer than most of us have been alive, has decided to dip its toes into the crypto pool by taking a $200 million stake in Kraken. This was first spotted by WatcherGuru on X (formerly known as Twitter, because nothing says “serious business” like a rebrand). The move is being hailed as a “landmark step” in the consolidation of crypto trading venues, which is just a fancy way of saying, “We’re all getting cozy now.”







