KRAKEN IS BUYING A EUROPEAN BANK 🇪🇺 Payward, Kraken’s parent company, has signed an agreement to acquire Saldo Finance Oy, owner of Lithuania-licensed Saldo Bank UAB. ▪️ Reported Bank Assets: ~$190M ▪️ Deal Value: Undisclosed ▪️ Expected Closing: 2027, subject to regulatory approval The deal could expand Kraken into European banking, deposits, payment cards and lending, bringing crypto and traditional finance closer together. The acquisition is signed but not yet completed.