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Kraken moves to acquire $181 million European bank in major push beyond crypto trading

By Oluwapelumi Adejumo at 2026-10-14 15:54

Sentiment: Positive

Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into traditional financial services. On Oct. 14, the company announced a definitive agreement to purchase Saldo Finance Oy, a Finnish holding company that owns Lithuania-based Saldo Bank. The acquisition would give Payward control of a licensed European banking… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Continue reading...

Categories: Banking

Tags: #Banking #Deals #Featured #Stablecoins

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