This is the concise summary of the digest, incorporating the original links and adding external links (marked with an asterisk*) for uncommon terms to provide additional context.
- Kraken Expands Into Oil, Gold, and FX Futures Ahead of IPO (3 minute read): Kraken is integrating CME Group's traditional futures markets (energy, metals, FX, equity indices) via Kraken Derivatives US, positioning itself as an all-in-one TradFi/DeFi platform following its $1.5B NinjaTrader acquisition. An IPO is reportedly targeted at a $20B valuation.
- State Street: Institutional Crypto Exposure to Double by 2028 (2 minute read): Nearly 60% of institutional investors plan to boost crypto allocations, with average exposure expected to double within three years. More than half foresee 10–25% of portfolios being tokenized by 2030, led by private market assets.