Deutsche Börse has invested $200 million in Kraken parent, Payward Inc., taking a 1.5% fully diluted stake through a secondary share purchase, the company said on Tuesday.
Deutsche Börse basically runs the infrastructure where stocks, derivatives, and other financial assets are traded.
The deal deepens an existing partnership between the two firms, first announced in December 2025, aimed at linking traditional financial markets with digital asset infrastructure, including trading, custody, settlement and tokenized assets.
The investment is expected to close in the second quarter, subject to regulatory approvals.
Deutsche Börse said the partnership will focus on expanding regulated crypto services, derivatives and institutional liquidity across markets, as it pushes forward with its strategy to build a hybrid market infrastructure combining traditional securities and blockchain-based assets.
As of April 2026, Deutsche Börse Group is one of the world’s leading exchange organizations, having achieved record-breaking financial results in its most recent fiscal year of ~$2.6 billion in net profit. The company’s market capitalization stood at ~$50 billion and an asset base of ~$260 billion as of mid-April 2026 with over 16,000 employees from over 125 nations.
The move highlights growing interest from traditional financial institutions in the crypto sector, as exchanges and market operators increasingly seek exposure to digital assets.
Want to keep up with insights into crypto developments globally?
Join our WhatsApp channel here.
Follow us on X for the latest posts and updates
Join and interact with our Telegram community
___________________________________________


