Deutsche Börse, the third-largest stock exchange in Europe, just acquired a backdoor into the U.S. Federal Reserve.
On April 14, the operator of Frankfurt exchange, Deutsche Börse AG, dropped $200M for a 1.5% stake in Kraken, exactly six weeks after Kraken quietly became the first crypto firm in history to receive a Federal Reserve master account. This is also the first direct equity position in a crypto-native exchange. [RELEASE]
