Crypto Exchange Kraken Owner to Buy European Bank
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5 Articles
Kraken buys Balance Bank via its Payward matrix to obtain a banking license in the EU and offer deposits, loans and payments to its European customers.The Kraken ticket buys Balance Bank and obtains banking license in the EU under MiCA aparece primero en Merca2.
CryptoTendencia Payward agrees to buy Balance Bank to expand its banking offer in Europe; the transaction is subject to approvals and is scheduled for 2027.The Payward ticket agrees to acquire Balance Bank to expand its banking services in Europe was first published in CryptoTendencia.
The controller of the Kraken cryptocurrency broker is buying a European bank, in a movement that intensifies the dispute between digital currency companies and traditional financial institutions to expand its activity in the financial sector. Read more (10/14/2026
The acquisition of Balance Bank by Kraken passes from Payward, the parent company, which has agreed the purchase of the Finnish bank to offer deposits and loans in Europe. The transaction would take the company beyond the trading of cryptocurrencies, thanks to the control of a regulated bank of the European Union. What the transaction provides and which services arrive with Balance Bank, [...]
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