---
title: "Kraken moves to acquire $181 million European bank in major push beyond crypto trading"
url: https://thecoingazette.com/kraken-moves-to-acquire-181-million-european-bank-in-major-push-beyond-crypto-trading/
date: 2026-10-14
modified: 2026-10-14
lang: en
author: "Coin Gazette Editorial"
description: "Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into traditional financial services. On Oct. 14, the company announced a definitive agreement..."
categories:
  - "Banking"
  - "Deals"
word_count: 77
---

# Kraken moves to acquire $181 million European bank in major push beyond crypto trading

Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into traditional financial services. On Oct. 14, the company announced a definitive agreement to purchase Saldo Finance Oy, a Finnish holding company that owns Lithuania-based Saldo Bank. The acquisition would give Payward control of a licensed European banking…

[Read the full story on CryptoSlate](https://cryptoslate.com/kraken-moves-to-acquire-181-million-european-bank-in-major-push-beyond-crypto-trading/)

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