---
title: "Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending"
url: https://thecoingazette.com/kraken-parent-payward-to-become-first-crypto-firm-to-buy-a-eu-bank-as-it-expands-into-deposits-lending/
date: 2026-10-14
modified: 2026-10-14
lang: en
author: "Coin Gazette Editorial"
description: "Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending."
categories:
  - "Crypto News"
word_count: 22
---

# 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.