Kraken moves to acquire $181 million European bank in major push beyond crypto trading

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 14 Oct, 19:50 UTC

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…