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

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

· 1 min read · 90 words · via CoinDesk

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Wire briefing

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

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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