Update
Kraken Parent Company Acquires Saldo Bank’s Owner
Kraken's parent company, Payward, agreed to acquire the owner of Saldo Bank, a Finnish bank with deposit accounts, lending, and payment services. The acquisition is expected to close in 2027 if regulators approve. Eligible deposits at Saldo Bank and Bitcoin held through a custody service are covered up to €100,000 per depositor, but other products have different legal relationships and protection levels.