TechFlow reports that on April 14, according to Bloomberg, Deutsche Börse has invested $200 million in Payward Inc., the parent company of cryptocurrency exchange Kraken. This investment will grant Deutsche Börse a fully diluted 1.5% stake in Payward Inc. The deal aims to advance Frankfurt Stock Exchange’s provision of broader securities services via blockchain technology and is expected to close in the second quarter, subject to regulatory approval. Previously, Kraken was valued at $20 billion in a share sale conducted in November 2025.
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