Deutsche Boerse Acquires $200 Million Stake in Kraken
Deutsche Börse has purchased a $200 million stake in one of the vital well-liked cryptocurrency exchanges in the United States, Kraken.
The funding marks yet one more direct capital injection by a standard monetary agency right into a crypto enterprise – an indication of broader institutional participation and deeper curiosity in the market.
According to a Bloomberg report, this values Payward Inc., the mum or dad firm of Kraken, at $13.3 billion.
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