Defi
Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
CoinDesk·October 14, 2026·1 min read
Payward, parent of Kraken, agreed to buy Lithuania's Saldo Bank, which holds $190 million in total assets. This marks the first crypto firm acquisition of an EU bank, securing a license for deposits and lending as it expands into traditional financial services.
Read at CoinDeskDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.