Block Signals · Apr 19, 2026
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3 major Wall Street moves in one week reveal a broader pattern: institutional capital is flowing from crypto products into crypto infrastructure ownership.
On Tuesday, Deutsche Börse Group, the operator of the Frankfurt Stock Exchange and one of Europe’s largest exchange organizations, invested $200M in Payward Inc., the parent company of crypto exchange Kraken. The deal gives Deutsche Börse a 1.5% fully diluted stake and values Kraken at roughly $13.3B.
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