Deutsche Börse Takes 1.5% Stake in Crypto Exchange Kraken
Deutsche Börse, Germany's leading stock exchange operator, acquired a 1.5% minority stake in cryptocurrency exchange Kraken for $200 million.
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200 million
5% minority stake in cryptocurrency exchange Kraken for $200 million
The fact
This investment reflects growing interest from traditional financial institutions in crypto trading platforms.
The transaction strengthens Kraken's position with European institutional investors.
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Apr 15Deutsche Börse Takes 1.5% Stake in Crypto Exchange Krakenthis article