Deutsche Börse joins Kraken in ambitious push to unify digital markets

Deutsche Börse joins Kraken in ambitious push to unify digital markets

Kraken and Deutsche Börse plan to connect foreign exchange, tokenized stocks and Eurex derivatives in a phased rollout targeting institutional clients. 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…

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Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house

Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house

The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets. US-based crypto exchange Kraken has agreed to acquire Backed Finance AG, the company behind the issuance of xStocks, adding to a string of acquisitions the exchange has made this year while bringing the tokenized-equities platform…

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MEXC taps Hacken for proof-of-reserves audits to boost transparency

MEXC taps Hacken for proof-of-reserves audits to boost transparency

The exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. MEXC has expanded its partnership with blockchain security platform Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits, marking a shift toward a more formalized transparency framework for the exchange. The monthly audits will add independent verification…

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As IPO rumors swirl, Kraken secures 0M funding at B valuation: Report

As IPO rumors swirl, Kraken secures $500M funding at $15B valuation: Report

The reported funding round comes amid earlier indications that the crypto exchange is preparing for a potential public offering. Kraken has reportedly raised $500 million at a $15 billion valuation, strengthening its financial position amid growing speculation that the cryptocurrency exchange is preparing for an initial public offering (IPO). The funding was first reported by…

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Kraken enters proprietary trading with Breakout acquisition

Kraken enters proprietary trading with Breakout acquisition

The deal expands Kraken’s trading infrastructure push following its $1.5B NinjaTrader acquisition in May 2025. Kraken has stepped into proprietary trading with the acquisition of Breakout, a Tampa, Florida startup that backs traders with capital. In a Thursday announcement, crypto exchange Kraken announced the acquisition of Breakout, a startup that backs traders with up to…

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