
Payward to acquire Saldo Bank and expand European banking
Payward, the parent company of Kraken, has agreed to acquire Saldo Finance Oy to expand its regulated banking services across Europe.
Payward has accused Etana Custody and its CEO Dion Russell of orchestrating a “Ponzi-like” scheme that allegedly misappropriated more than $25 million in customer funds.
Payward, Inc. and Singapore Gulf Bank have launched 24/7 settlement for selected institutional digital asset clients.
Kraken’s parent company, Payward, has secured full market approval from Dubai’s Virtual Asset Regulatory Authority, paving the way for its UAE launch.