emergencyBreaking NewsGoldman Sachs Enters the Bitcoin ETF Market with an Income-Generating StrategyUS-Iran Diplomacy Hopes Push GBP/USD to Highest Level Since FebruaryThe 5/30 Treasury yield curve has room to steepen as rate cuts fade and deficit fears riseUBS Forecasts Fed and Bank of England Rate Cut Preference Despite Yield SpikesOpen finance could reshape credit access — starting with small businesses and mortgagesGoldman Sachs Enters the Bitcoin ETF Market with an Income-Generating StrategyUS-Iran Diplomacy Hopes Push GBP/USD to Highest Level Since FebruaryThe 5/30 Treasury yield curve has room to steepen as rate cuts fade and deficit fears riseUBS Forecasts Fed and Bank of England Rate Cut Preference Despite Yield SpikesOpen finance could reshape credit access — starting with small businesses and mortgages
DoiDoi
Credit & Lendingexpand_more
Credit CardsPersonal LoansStudent Loans
Markets & Investingexpand_more
Stocks & ETFsCrypto & BlockchainFed & Macro
Retirement & Benefitsexpand_more
401(k) & IRASocial SecurityRetirement Policy
Real Estateexpand_more
Mortgage RatesHousing Market
Financial Foundationexpand_more
Budgeting & SavingInsurance
Latest News
MarketsPortfolio
The Digital Ledger
Credit & Lending
Markets & Investing
Retirement & Benefits
Real Estate
Financial Foundation
Latest News
Dashboards

Institutional Financial Analysis

Home/Markets & Investing/CRYPTO MONEY LAUNDERING ENFORCEMENT · CRYPTO IRS RULING

Deutsche Börse Investment Values Kraken at $13.3 Billion

RS

Reagan Sterling

crypto money laundering enforcement · Apr 14, 2026

Deutsche Börse Investment Values Kraken at $13.3 Billion

Source: DojiDoji Data Terminal

Institutional clients now have frictionless access to both traditional and digital asset ecosystems through a deepened partnership between Deutsche Börse and Kraken. The German exchange operator acquired a $200 million secondary-market stake in Payward Inc., the parent company of Kraken, representing a 1.5% fully diluted ownership. The transaction values Payward Inc. at $13.3 billion.

Related Brief2h ago
venture capital

Kraken’s $13.3 Billion Valuation Reveals a 33% Markdown in Exchange Pricing

Kraken is now valued at $13.3 billion, a 33% markdown from the $20 billion valuation the exchange commanded during its November 2024 funding round. This figure was established by Deutsche Börse Group's $200 million investment in Payward Inc., Kraken's parent company. The transaction, which is expected to close in the second quarter of 2026 subject to regulatory approval, gives the Frankfurt-based stock exchange operator a 1.5% fully diluted ownership stake via a secondary market transaction. The investment cements a commercial partnership first announced in December 2025 to build a hybrid market infrastructure for traditional and tokenized assets. Kraken had originally planned a public listing for 2026, but the company has suspended those plans indefinitely, citing unfavorable market conditions.

This investment builds on a strategic alliance established in December 2025 to bridge traditional and digital markets. The collaboration integrates services across trading, custody, settlement, collateral management, derivatives, and tokenized assets. This follows Deutsche Börse's prior expansion into the digital space, including the launch of its own crypto trading platform in 2024 and the announcement of crypto custody and settlement services via Clearstream in March 2025.

Related Brief5h ago
cybersecurity

Kraken's Support Staff Recruitment Breach Exposes 2,000 Accounts

Approximately 2,000 Kraken user accounts were viewed after cybercriminals recruited customer support personnel to record internal client management platforms. The breach occurred across two distinct events, in February 2025 and a second more recent occurrence. The perpetrators captured video recordings of staff accessing internal systems, which were used to demand an undisclosed sum from the exchange to prevent public disclosure. Kraken Chief Security Officer Nick Percoco stated that no systems were breached and funds remained secure. Kraken refused to negotiate with the extortionists. The exchange is working with federal law enforcement across multiple jurisdictions to identify the individuals involved.

The transaction is subject to regulatory approval and is expected to close in the second quarter.

Related Brief7h ago
cryptocurrency

Bitcoin Holders Move Assets to Self-Custody as Binance Inflows Hit Six-Year Low

Bitcoin holders are keeping assets in self-custody wallets rather than on trading platforms where they can be easily sold. Inflows to Binance, the largest trading platform globally in terms of trading liquidity, have declined sharply. The 30-day moving average of these inflows has fallen to approximately 3,998 BTC, a low not seen since 2020. Current deposit levels are roughly three times lower than the historical average of 11,000 BTC, and significantly lower than the 25,000 BTC daily inflows seen in May 2021 and 19,000 BTC in July 2023. This reduction in exchange inflows reduces immediate selling pressure.

crypto money laundering enforcementcrypto IRS rulingKrakencrypto exchange hack

The Ledger Morning

The essential intelligence to start your trading day. Delivered 6:00 AM EST.

Join 50,000+ professionals who start their day with The Digital Ledger.

No spam. Unsubscribe anytime.

Read More Analysis

capital gains tax policy

The US Tax Code Converts Investment Gains Into Political Power

The top 0.00001 percent of the population holds in excess of $3 trillion. This concentration of wealth allows 300 billio…

Ripple XRP SEC

Apple App Store Ledger clone drains $9.5 million in crypto

More than 50 victims lost at least $9.5 million in cryptocurrency between April 7 and April 13 after downloading a malic…

DoiDoi

© 2026 DojiDoji. All rights reserved.

EditorialEditorial GuidelinesCorrections
LegalPrivacy PolicyTerms of Service
DisclosureSEC DisclosuresAd Choice
SocialX (Twitter)LinkedIn