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

Kraken's parent company, Payward, has agreed to acquire Finnish holding company Saldo Finance Oy for an undisclosed amount, with a focus on gaining control of Lithuania-based Saldo Bank. This move marks Kraken's expansion into traditional financial services beyond cryptocurrency trading. For more details, read the full story on CryptoSlate.

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

Kraken's parent company, Payward, has agreed to acquire Finnish holding company Saldo Finance Oy for an undisclosed amount, with a focus on gaining control of Lithuania-based Saldo Bank. This move marks Kraken's expansion into traditional financial services beyond cryptocurrency trading. For more details, read the full story on CryptoSlate.

Sources

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

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