according to official news, cryptocurrency trading platform Kraken and Deutsche Börse Group have announced a strategic partnership aimed at connecting traditional financial markets with the digital asset economy.

The cooperation will cover multiple areas including trading, custody, settlement, collateral management, and tokenized assets. In the first phase, Kraken will directly integrate 360T, a subsidiary of Deutsche Börse Group, to provide bank-grade foreign exchange liquidity for customers.

Kraken Co-CEO Arjun Sethi stated that this cooperation demonstrates the convergence of scale and trust infrastructure. Deutsche Börse Group CEO Stephan Leithner said the partnership will combine the trust of regulatory infrastructure with the innovation of the digital asset ecosystem