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

Kraken’s mum or dad firm, Payward, has agreed to acquire a European bank because it expands beyond cryptocurrency trading into conventional monetary providers. On Oct. 14, the corporate introduced a definitive settlement to buy Saldo Finance Oy, a Finnish holding firm that owns Lithuania-based Saldo Bank. The acquisition would give Payward management of a licensed European banking…

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