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2026-10-20 04:30:02 UTC

RWATimes on Nostr: 📰 Kraken Parent Payward Moves Into European Banking With Saldo Deal 🗓️ Oct 19 ...

📰 Kraken Parent Payward Moves Into European Banking With Saldo Deal
🗓️ Oct 19 2026 20:00 UTC - NewsBTC Editorial Team

Payward, the company behind crypto exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, taking a route into European banking that goes

➤ Kraken's parent company, Payward, is acquiring Lithuania-based Saldo Bank to establish a European banking presence.
➤ This move aims to integrate banking services like loans and deposits with crypto offerings, reducing fragmentation for users.
➤ The deal is subject to regulatory approval and signifies a broader industry trend of crypto firms seeking banking licenses and traditional banks developing crypto products.

#kraken #payward #saldobank #lithuania #europeanbanking #cryptoexchange #regulatoryapproval #tokenizedsecurities #stablecoins #fiatservices

🔗 Read more at: https://rwatimes.io/articles/newsbtc-kraken-parent-payward-moves-into-european-banking-with-saldo-deal-3240576537