Payward, the parent of crypto exchange Kraken, is buying Lithuania's Saldo Bank to obtain an EU banking license.
A Lithuanian banking license would let Payward offer interest-bearing deposits, loans, payment cards and euro-denominated payments under EU banking rules.
If completed, the acquisition would give Payward a bank balance sheet and direct euro payment services.
Reported by The Wrap desk from Digital Capital Daily internal coverage. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections