Kraken just secured an EU banking license through Saldo Bank acquisition šŸ¦

This is massive for infrastructure:
• Direct SEPA rails = faster EUR deposits/withdrawals
• Card issuance in-house
• Lending products without third-party friction

While everyone's chasing memecoins, Kraken's building the plumbing that'll onboard the next wave of European capital. Regulatory moat = underrated alpha in 2025.