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Deutsche Boerse is making a major move in the fund distribution space. The German exchange operator has agreed to acquire Allfunds, a leading European fund distribution platform, for approximately $6.2 billion through a combination of cash and stock payments. This significant transaction underscores the ongoing consolidation in financial infrastructure, particularly as traditional markets increasingly intersect with digital asset ecosystems. The deal reflects growing strategic interest in platforms that bridge institutional fund management with broader market distribution channels.