# Kraken Owner Payward Agrees to Buy Lithuania’s Saldo Bank, Becoming First Crypto Company to Acquire an EU Lender

For years, crypto exchanges have rolled out products that resemble banking services while remaining just beyond the edge of the formal banking system. Now Payward, which owns Kraken, is paying to get inside.Payward announced it has reached an agreement to acquire Saldo Bank, a Lithuania-based lender

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| Published | 16 October 2026 |

Source: https://egamers.io/kraken-owner-payward-agrees-to-buy-lithuanias-saldo-bank-becoming-first-crypto-company-to-acquire-an-eu-lender/