Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending

October 14, 2026

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13:07 UTC

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Target Assets:#CRYPTO

Executive AI Takeaway

Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending — Market signal: NEUTRAL (medium Impact)

Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending.

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Original report published by CoinDesk.