The post Deutsche Börse Works With Kraken To Link TradFi And Crypto appeared on BitcoinEthereumNews.com. Deutsche Börse Group, a global exchange organization, has entered into a strategic partnership with the US crypto exchange Kraken with a mission of bridging traditional and digital markets. Kraken and Deutsche Börse are joining forces to create unified access across traditional and digital asset markets, according to a joint announcement on Thursday. The companies plan to improve institutional access to regulated crypto products, including spot trading, tokenized markets and derivatives, as well as enhanced liquidity for institutions across multiple jurisdictions. “Across our entire value this partnership will further enhance our support for institutional clients in the digital asset era and pave the way for digital capital markets,” Deutsche Börse Group CEO Stephan Leithner said. XStocks, 360T and Eurex among multiple integrations The partnership targets a broad set of integrations, including the addition of Kraken-backed xStocks to Deutsche Börse’s digital asset infrastructure 360X. In the first phase of collaboration, Kraken will integrate directly with 360T, providing its clients with bank-grade FX liquidity and significantly scaling its fiat-to-crypto rails and ensuring institutional execution. Source: Deutsche Börse Group Subject to regulatory approvals, the collaboration also aims to expand Kraken’s access to Europe’s regulated futures and options markets by adding derivatives listed on the German derivatives exchange Eurex, the announcement said. Kraken and Deutsche Börse will also work to integrate xStocks, tokenized stocks issued by Backed Finance, which Kraken plans to acquire by the end of 2025. Clearstream-held securities are also expected to be distributed in a tokenized form to Kraken’s client base, the announcement said. Related: Deutsche Börse locks in third euro stablecoin amid broader EU adoption “Our partnership with Deutsche Börse Group demonstrates what happens when two infrastructures designed for scale and trust intersect,” Kraken co-CEO Arjun Sethi said, adding: “By linking traditional and digital markets across a wide range of asset… The post Deutsche Börse Works With Kraken To Link TradFi And Crypto appeared on BitcoinEthereumNews.com. Deutsche Börse Group, a global exchange organization, has entered into a strategic partnership with the US crypto exchange Kraken with a mission of bridging traditional and digital markets. Kraken and Deutsche Börse are joining forces to create unified access across traditional and digital asset markets, according to a joint announcement on Thursday. The companies plan to improve institutional access to regulated crypto products, including spot trading, tokenized markets and derivatives, as well as enhanced liquidity for institutions across multiple jurisdictions. “Across our entire value this partnership will further enhance our support for institutional clients in the digital asset era and pave the way for digital capital markets,” Deutsche Börse Group CEO Stephan Leithner said. XStocks, 360T and Eurex among multiple integrations The partnership targets a broad set of integrations, including the addition of Kraken-backed xStocks to Deutsche Börse’s digital asset infrastructure 360X. In the first phase of collaboration, Kraken will integrate directly with 360T, providing its clients with bank-grade FX liquidity and significantly scaling its fiat-to-crypto rails and ensuring institutional execution. Source: Deutsche Börse Group Subject to regulatory approvals, the collaboration also aims to expand Kraken’s access to Europe’s regulated futures and options markets by adding derivatives listed on the German derivatives exchange Eurex, the announcement said. Kraken and Deutsche Börse will also work to integrate xStocks, tokenized stocks issued by Backed Finance, which Kraken plans to acquire by the end of 2025. Clearstream-held securities are also expected to be distributed in a tokenized form to Kraken’s client base, the announcement said. Related: Deutsche Börse locks in third euro stablecoin amid broader EU adoption “Our partnership with Deutsche Börse Group demonstrates what happens when two infrastructures designed for scale and trust intersect,” Kraken co-CEO Arjun Sethi said, adding: “By linking traditional and digital markets across a wide range of asset…