Deutsche Börse Drops $200M On Kraken In Push Toward Hybrid Crypto Markets
Market infrastructure provider Deutsche Börse has deepened its push into digital assets with a $200 million investment in crypto exchange Kraken. Deutsche Börse Group Has Invested $200 Million In Kraken’s Parent Firm According to a press release, Deutsche Börse Group has acquired a $200 million stake in Payward, the parent company behind crypto exchange Kraken. […]
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Kraken and Deutsche Börse has announced a strategic partnership that will integrate crypto with traditional market infrastructure. Kraken And Deutsche Börse Have Partnered Up As announced in a press release, US-based digital asset exchange Kraken has teamed up with Deutsche Börse Group to bridge crypto and traditional finance and deliver institutional investors access across asset […]
The German central bank Deutsche Bundesbank and Deutsche Börse are working together on a Blockchain prototype which will allow for functionality for the settlement of securities in a delivery-versus-payment mode for centrally-issued digital coins. This is yet more proof that markets are in love with Blockchain technology. The system will also be able to transfer digital coins or digital securities alone, and will also be capable of settling basic corporate actions such as coupon payments on securities and the redemption of maturing securities. Germans are willing to give Blockchain a try.....
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody solutions and a “direct entry point for investments.” Deutsche Börse Group to Expand Further Into Digital Currency Ecosystem Deutsche Börse Group’s latest announcement explains that the company wants to build a trusted and regulated cryptocurrency ecosystem in....
Deutsche Bank sees The DAO incident as a timely reminder of the importance of testing products before they are unleashed. In 2014 Deutsche Bank launched a series of innovation labs in collaboration with IBM, Microsoft and the Indian outsourcing company HCL. The aim was to improve the bank’s digital banking services. Deutsche Bank’s Blockchain project is now out of the ‘proof of concept’ stage. Deutsche Bank’s labs are based in Berlin, London and Palo Alto. Their Palo Alto lab’s aim is to evaluate emerging technologies from Silicon Valley and apply them to enhance their products. The three....
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock. Deutsche Bank’s Bubble Survey A survey published Tuesday by Deutsche Bank asked 627 market professionals to rate on a scale of zero to 10 how they see financial bubbles in a range of assets. According to CNBC, the survey was conducted between Jan. 13 and Jan. 15. The bank found that 89% of....