Kraken plans to acquire EU-regulated Saldo Bank.

According to a Financial Times report, Payward, the parent company of crypto exchange Kraken, plans to soon acquire EU-regulated Saldo Bank, with the transaction expected to close in 2027. The acquisition aims to secure a full banking license as part of its decade-long global license expansion plan. This will make Kraken the first major crypto trading platform to hold full banking status, enabling deeper integration with traditional finance (deposits, payments, custody) under the MiCA framework

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