https://www.live-feeds.com/feed/crypto-exchange-kraken-owner-to-buy-european-bankContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/crypto-exchange-kraken-owner-to-buy-european-bankhttps://www.live-feeds.com/feed/crypto-exchange-kraken-owner-to-buy-european-bank#u129570Sat, 17 Oct 2026 22:46:33 +0000Payward, the parent company of cryptocurrency exchange Kraken, has signed an agreement to acquire Saldo Bank. The acquisition involves the purchase of Finnish holding company Saldo Finance Oy, which owns the Lithuania-licensed bank. This move allows Payward to hold deposits from European customers and expand its lending operations across the European Union. Co-CEO Arjun Sethi indicated the purchase follows a series of other acquisitions this year, including Reap, Bitnomial, and NinjaTrader.Why it mattersAcquiring a licensed bank provides a crypto firm with direct access to the traditional fina