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 Sal...
Source: [CryptoSlate](https://cryptoslate.com/kraken-moves-to-acquire-181-million-european-bank-in-major-push-beyond-crypto-trading/)