Other● Neutral

Kraken's parent agrees to buy the owner of a Lithuanian bank

TradingGain Newsroom·6d ago·25 Oct 2026, 08:00 UTC

On Oct. 14, Payward, the parent company of Kraken, agreed to acquire Saldo Finance Oy, the Finnish owner of Lithuania's Saldo Bank. The deal is expected to close in 2027, pending regulator approval. If completed, it would add deposit accounts to Kraken's services, which could bring crypto firms closer to traditional banking.

BTCAt the time of writing, Bitcoin traded at $80,572 (-0.22% in 24h).Live price →

Why it matters

Kraken's parent is moving beyond trading into banking-style services like deposit accounts.
The deal depends on regulator approval, so timing and conditions remain uncertain.
Traders may want to watch how regulators treat crypto firms that offer bank-like products.

What to watch next

Watch for regulatory decisions on the Payward and Saldo Finance deal, since approval would be the key step before it can close.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗

Kraken's parent agrees to buy the owner of a Lithuanian bank — Story card · share it on your status or channel⬇ Download image

More stories

All news →

1h ago

Market Today● Neutral

Why is crypto up today? Bitcoin up 1.04% as most coins rise despite Binance hack news

Bitcoin rose 1.04% over the last 24 hours to about $77,686, and most of the market moved up with it. Ether, Solana, XRP, BNB and Dogecoin also gained, and 171 of 222 tracked coins were higher. The sources do not name one confirmed cause, but rising open interest suggests traders added positions, while the Binance hack and Bitcoin ETF outflows weighed on sentiment.

BTC ETHLive update →

2h ago

Bitcoin● Neutral

Bitcoin's 18th Anniversary: Op-Ed Argues Bitcoin Can Shield Business Surplus

Marking 18 years since Satoshi published the Bitcoin white paper, an op-ed by Onramp CEO Michael Tanguma argues that small business owners still bear the cost of a system built on bailouts. He suggests that keeping part of their surplus in bitcoin could help protect it. This is an opinion piece, not a new market event, so its direct effect on prices is likely limited.

BTCCoinDesk ↗

4h ago

Bitcoin● Neutral

Saylor Predicts New Bitcoin Bull Run, but Strategy's Earnings Raise Questions

Strategy reported a record $20.9 billion in third-quarter operating income, and Michael Saylor said a new Bitcoin bull market has begun. Most of that operating income came from a $20.9 billion gain, which raises questions about the quality of the results. Traders may see the bull market call as a sentiment signal, but the earnings details call for caution.

BTCCryptoSlate ↗

5h ago

Bitcoin● Neutral

Bitcoin Holds Up Better Than Expected After Binance Hack, Strive CEO Says

Bitcoin has held up better than many expected following the Binance hack, according to Strive CEO Matt Cole. Cole says the hack has not changed his long-term view on Bitcoin, but he warns it is too early to say the market has hit bottom.

BTCCointelegraph ↗

6h ago

Bitcoin● Neutral

Bitcoin turns 18 as AI threats, quantum fears and a record exchange hack loom

Bitcoin, the largest cryptocurrency, turns 18 today. The anniversary comes amid concerns over AI-driven security threats and quantum computing risks. The backdrop also includes the biggest exchange hack in crypto history.

BTCCointelegraph ↗

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.