German Stock Exchange Acquires 1.5% Stake in Kraken for $200 Million
Deutsche Börse, owner of Germany’s Frankfurt Stock Exchange, has acquired a 1.5% stake in Kraken for $200 million, valuing the crypto exchange at $13.3 billion. The deal is expected to close in Q2 2026, pending regulatory approvals. Kraken, one of the largest crypto exchanges, has paused its IPO plans due to market volatility.
Topics: cryptocurrency Deutsche Börse investment Kraken stock exchange