Kraken Parent Payward to Acquire EU-Regulated Lithuanian Bank Saldo

First reported Oct 14, 2026, 09:50 UTC

Source reports

Kraken Parent Payward to Acquire EU-Regulated Lithuanian Bank Saldo Kraken’s parent company Payward has announced plans to acquire Saldo Bank, an EU-regulated bank in Lithuania, to expand into traditional banking services such as lending and card issuance, the Financial Times… — @WuBlockchain (X), Oct 14, 2026, 09:50 UTC
JUST IN: Kraken's owner is buying EU-regulated Saldo Bank, becoming the first crypto firm to acquire a European bank, per FT. — @coinbureau (X), Oct 14, 2026, 10:03 UTC
🇱🇹 NEW: Kraken parent Payward is buying Lithuania’s Saldo Bank to expand into lending and card services, FT reports. — @Cointelegraph (X), Oct 14, 2026, 10:04 UTC
JUST IN: Kraken agrees to buy Lithuania’s Saldo Bank for European expansion. • EU license for deposits, loans and cards. • Closing expected in 2027. — @BitcoinArchive (X), Oct 14, 2026, 13:33 UTC

Excerpts are quoted from the linked sources, which own their text.