🚨 CRYPTO IS MOVING INTO BANKING.
Kraken's parent company, Payward, has agreed to acquire Lithuania's Saldo Bank.
This could be a significant step towards crypto companies offering traditional banking services rather than relying on banks for access to the financial system.
The line between TradFi and crypto is getting thinner.
The real question: Will crypto companies become the banks of tomorrow, or will traditional banks adapt and fight back?
#crypto #Kraken #Bitcoin❗ #TradFi
Kraken's parent company, Payward, has agreed to acquire Lithuania's Saldo Bank.
This could be a significant step towards crypto companies offering traditional banking services rather than relying on banks for access to the financial system.
The line between TradFi and crypto is getting thinner.
The real question: Will crypto companies become the banks of tomorrow, or will traditional banks adapt and fight back?
#crypto #Kraken #Bitcoin❗ #TradFi