Overview
- The agreement establishes a single institutional access point spanning trading, settlement, custody and collateral across digital and traditional assets.
- Kraken’s direct connection to Deutsche Börse’s 360T provides bank‑grade FX liquidity intended to improve fiat funding, withdrawals and pricing for institutional clients.
- Subject to regulatory clearance, Eurex‑listed futures and options are planned to be made tradable through Kraken within a fully regulated framework.
- Tokenization plans include integrating xStocks into the 360X ecosystem and enabling distribution of Clearstream‑held securities in digital form, with custody anchored by Clearstream and Crypto Finance.
- Kraken Embed will let banks and fintechs offer compliant crypto services under their own brands, and Deutsche Börse clients gain crypto access via Crypto Finance and Kraken; CoinDesk notes Clearstream holds more than $23 trillion in assets under custody.