Kraken and Deutsche B枚rse Group partner
04 December 2025 US and Germany
Image: peshkova/stock.adobe.com
Cryptocurrency platform Kraken, and Deutsche B枚rse Group, have announced a partnership to create unified access across traditional and digital asset markets.
Beginning immediately, the firms will leverage their capabilities to bridge traditional financial markets and the digital asset economy.
Spanning trading, custody, settlement, collateral management, and tokenised assets, the partnership will unlock a new range of products and services that deliver frictionless access to both ecosystems, creating a holistic experience for institutional clients, the firms say.
In the first phase of the partnership, Kraken will integrate directly with 360T, a Deutsche B枚rse Group subsidiary and foreign exchange trading venue.
The integration will give Kraken鈥檚 clients access to competitive, bank-grade FX liquidity through a deep global liquidity pool, improving fiat on and off-ramp efficiency while ensuring institutional-grade execution and reliability.
The partnership will also use Kraken Embed to expand institutional crypto access across Deutsche B枚rse Group鈥檚 network.
Together, the companies will develop advanced white-label solutions enabling banks, fintechs, and other financial institutions to offer secure, compliant crypto trading and custody services to clients across Europe and the US.
Subject to regulatory approvals, the companies plan to make Eurex-listed derivatives available to trade on Kraken, broadening access to Europe鈥檚 largest regulated futures and options marketplace.
The collaboration will also allow Deutsche B枚rse Group clients to trade cryptocurrencies and derivatives via Crypto Finance, as well as through Kraken鈥檚 exchange, to service enhanced end-client models, while using Clearstream and Crypto Finance 鈥� both Deutsche B枚rse Group subsidiaries 鈥� for custody.
Kraken and Deutsche B枚rse Group will also work together to integrate xStocks within 360X鈥檚 ecosystem, expanding the reach of 鈥渙ne of the most widely adopted tokenised equity standards globally鈥�.
In addition, the firms will enable the distribution of securities held in custody at Clearstream in a tokenised form to Kraken鈥檚 client base.
The partnership establishes a framework for geographical access, with Kraken offering its US capabilities to Deutsche B枚rse Group鈥檚 institutional clients seeking exposure to crypto and tokenised assets, while the group will provide its European infrastructure and services to Kraken鈥檚 global client base.
This two-way integration underscores the shared vision to connect traditional and digital markets seamlessly.
Arjun Sethi, co-CEO of Kraken, states: 鈥淥ur partnership with Deutsche B枚rse Group demonstrates what happens when two infrastructures designed for scale and trust intersect.
鈥淏y linking traditional and digital markets across a wide range of asset classes, we鈥檙e building a holistic foundation for the next generation of financial innovation: defined by efficiency, openness, and client access.鈥�
Stephan Leithner, CEO of Deutsche B枚rse Group, continues: 鈥淭his collaboration with Kraken is a great strategic fit for Deutsche B枚rse Group.
鈥淚t underscores our ongoing commitment to shaping the future of financial markets by combining the trust and resilience of our regulated infrastructure with the innovation of the digital asset ecosystem.鈥�
Beginning immediately, the firms will leverage their capabilities to bridge traditional financial markets and the digital asset economy.
Spanning trading, custody, settlement, collateral management, and tokenised assets, the partnership will unlock a new range of products and services that deliver frictionless access to both ecosystems, creating a holistic experience for institutional clients, the firms say.
In the first phase of the partnership, Kraken will integrate directly with 360T, a Deutsche B枚rse Group subsidiary and foreign exchange trading venue.
The integration will give Kraken鈥檚 clients access to competitive, bank-grade FX liquidity through a deep global liquidity pool, improving fiat on and off-ramp efficiency while ensuring institutional-grade execution and reliability.
The partnership will also use Kraken Embed to expand institutional crypto access across Deutsche B枚rse Group鈥檚 network.
Together, the companies will develop advanced white-label solutions enabling banks, fintechs, and other financial institutions to offer secure, compliant crypto trading and custody services to clients across Europe and the US.
Subject to regulatory approvals, the companies plan to make Eurex-listed derivatives available to trade on Kraken, broadening access to Europe鈥檚 largest regulated futures and options marketplace.
The collaboration will also allow Deutsche B枚rse Group clients to trade cryptocurrencies and derivatives via Crypto Finance, as well as through Kraken鈥檚 exchange, to service enhanced end-client models, while using Clearstream and Crypto Finance 鈥� both Deutsche B枚rse Group subsidiaries 鈥� for custody.
Kraken and Deutsche B枚rse Group will also work together to integrate xStocks within 360X鈥檚 ecosystem, expanding the reach of 鈥渙ne of the most widely adopted tokenised equity standards globally鈥�.
In addition, the firms will enable the distribution of securities held in custody at Clearstream in a tokenised form to Kraken鈥檚 client base.
The partnership establishes a framework for geographical access, with Kraken offering its US capabilities to Deutsche B枚rse Group鈥檚 institutional clients seeking exposure to crypto and tokenised assets, while the group will provide its European infrastructure and services to Kraken鈥檚 global client base.
This two-way integration underscores the shared vision to connect traditional and digital markets seamlessly.
Arjun Sethi, co-CEO of Kraken, states: 鈥淥ur partnership with Deutsche B枚rse Group demonstrates what happens when two infrastructures designed for scale and trust intersect.
鈥淏y linking traditional and digital markets across a wide range of asset classes, we鈥檙e building a holistic foundation for the next generation of financial innovation: defined by efficiency, openness, and client access.鈥�
Stephan Leithner, CEO of Deutsche B枚rse Group, continues: 鈥淭his collaboration with Kraken is a great strategic fit for Deutsche B枚rse Group.
鈥淚t underscores our ongoing commitment to shaping the future of financial markets by combining the trust and resilience of our regulated infrastructure with the innovation of the digital asset ecosystem.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
