Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
What CoinDesk reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Policy and regulation
- Published
- Evidence status
- Cross-source reports linked
What CoinDesk reports
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending.
The immediate significance
The report identifies a policy development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
Decrypt has also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
CoinDeskCurrent briefing Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending.
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