Kraken-Deutsche Börse Deal Boosts Institutional Crypto in Europe

• Kraken and Deutsche Börse Group are working together to connect crypto with traditional finance. This makes it easier for big European investors to trade digital assets.
• Kraken’s first step is to connect with 360T, which is one of the best foreign exchange platforms. This makes it easier to move money in and out of crypto.

Arjun Sethi, co-CEO of Kraken, said: “Our partnership with Deutsche Börse Group demonstrates what happens when two infrastructures designed for scale and trust intersect. By linking traditional and digital markets across a wide range of asset classes, we’re building a holistic foundation for the next generation of financial innovation: defined by efficiency, openness, and client access.”

Stephan Leithner, CEO of Deutsche Börse Group, added: “This collaboration with Kraken is a great strategic fit for Deutsche Börse Group. It 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.”

Gurpreet Oberoi, Kraken’s head of institutional, noted: “This partnership is the clearest signal yet that institutional adoption is accelerating, and that Europe intends to compete on equal footing with Wall Street as this transformation moves from millions to billions.”

Europe is getting better at dealing with cryptocurrencies. On December 4, 2025, Kraken, one of the biggest U.S.-based crypto exchanges, said it had formed a key partnership with Deutsche Börse Group, one of Europe’s biggest financial companies. This deal is meant to make it easier for big businesses, like banks and investment firms, to use crypto across the continent.

The partnership combines Deutsche Börse’s strong, regulated systems with Kraken’s expertise in cryptocurrency. It makes it easy to trade anything from stocks to digital coins. Clearstream, Deutsche Börse’s custody arm, manages more than $23 trillion in assets. Eurex, the largest market for futures and options in Europe, is also run by Deutsche Börse.

Kraken offers tools like Embed that let banks add crypto trading to their services without having to build it from the ground up. This is a big deal for Europe, where rules like MiCA are making crypto safer and more reliable.

The first step is for Kraken to connect to 360T, which is Deutsche Börse’s foreign exchange hub. This gives Kraken users the best access to global money markets, which makes it easier and cheaper to trade regular money for crypto. When you make big money moves, think of it as turning a bumpy road into a smooth highway.