Payward expects to close the acquisition in 2027, enabling it to expand its traditional banking services into four EU operating markets already served by Saldo Bank.
Kraken parent to buy Lithuanian Saldo Bank amid TradFi expansion
Related News
Regulation
Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, len…
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU licens…
Stablecoins
KuCoin’s New USD Asset Pays Up to 6% on Stablecoins. Is It Worth Using?
KuCoin has launched KCUSD, a new yield-bearing USD asset that puts stablecoins to work. Users earn a standard…
Bitcoin
Coinbase Calls for Early Bitcoin Migration to Quantum Security
Coinbase urges early Bitcoin preparation for post-quantum cryptography, while designs, migration rules and le…
Exchanges
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypt…
Comments (0)
Please sign in to comment.
No comments yet. Be the first to comment.