Kraken parent Payward is raising $200M from Frankfurt stock exchange operator Deutsche Börse for a 1.5% fully diluted stake, valuing Kraken at $13.3B (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Kraken parent Payward is raising $200M from Frankfurt stock exchange operator Deutsche Börse for a 1.5% fully diluted stake, valuing Kraken at $13.3B  —  Deutsche Börse AG invested $200 million in Payward Inc., the parent of crypto trading platform Kraken, as the Frankfurt stock …