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…
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 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 CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Banking, Deals, Featured, StablecoinsÂ
This articles is written by : Nermeen Nabil Khear Abdelmalak
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