New multi-phase strategy aims to unify FX, tokenized assets, and derivatives for institutional investors
A major step toward integrating modern digital assets with established financial infrastructure is underway as Deutsche Börse Group enters a strategic partnership with Kraken. The collaboration seeks to create unified, regulated access to crypto markets, tokenized securities, and global derivatives, marking one of the most ambitious institutional pushes in the digital finance sector.
Unified Digital Market Infrastructure for Institutions
According to the joint announcement, the partnership is designed to streamline institutional access to spot crypto trading, tokenized markets, derivatives, and cross-border liquidity. Executives stated that the initiative will enhance the full value chain for professional investors and pave the way for digital capital markets.
In the first rollout phase, Kraken will connect directly to 360T, Deutsche Börse’s institutional FX platform. This integration will offer bank-grade foreign exchange liquidity, strengthening Kraken’s fiat-to-crypto capabilities and improving execution for institutions across multiple jurisdictions.
The collaboration will also bring together a broad ecosystem of financial products. Plans include linking xStocks, a tokenized stock product backed by Kraken, with Deutsche Börse’s digital asset arm 360X.
Pending regulatory clearance, Kraken is expected to gain access to Eurex-listed futures and options, expanding its reach into Europe’s regulated derivatives market. The partners also intend to distribute Clearstream-held securities in tokenized form, broadening the availability of digital versions of traditional assets.
Executives from both companies emphasized that the initiative combines trusted market infrastructure with digital innovation. Kraken’s ongoing European expansion—including licenses under MiFID and MiCA—positions the exchange to serve as a key bridge between established markets and emerging blockchain-driven products.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.