Kraken’s Parent Company Moves to Acquire a Bank in Europe
Kraken’s parent company, Payward, is buying its way into European banking, striking a deal to acquire Lithuania-licensed Saldo Bank and its five-market footprint. The purchase would bring deposit accounts, lending, payment services, and card issuance into the cryptocurrency company’s expanding financial operation. Payward Targets European Banking License With Saldo Acquisition Payward announced…
Payward, the parent company of crypto exchange Kraken, has agreed to acquire Lithuania-licensed Saldo Bank, which operates across five European markets. The deal would give Kraken access to deposit accounts, lending, payment services, and card issuance, deepening its push into regulated traditional finance. For traders, the move signals continued crypto-industry consolidation with banking infrastructure, potentially strengthening Kraken's competitive position in Europe.
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49M AGOBitcoin Magazine · Score 55 · via Parent Company, European Banking
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59M AGOYou’re reading thisKraken’s Parent Company Moves to Acquire a Bank in EuropeBitcoin.com News · Score 55
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4H AGOCoinDesk · Score 65 · via Payward, Kraken parent
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4H AGOCointelegraph · Score 45 · via Saldo, Kraken parent
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6H AGODecrypt · Score 55 · via Saldo, Kraken
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7H AGOCrypto Briefing · Score 55 · via Saldo, Kraken parent
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7H AGOCrypto Briefing · Score 45 · via Payward, Kraken
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18H AGOBitcoin Magazine · Score 45 · via Parent Payward, Payward
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12 OCT · 07:41Cointelegraph · Score 35 · via Kraken parent, Kraken
