Cryptocurrency exchange Kraken is seeking a bank license in Europe.
Privately held Kraken is reportedly looking to Lithuania as the jurisdiction where it will try and secure a European bank license.
News of the bank license pursuit comes as Kraken plans to go public in the U.S. later this year or in early 2027.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
Privately held Kraken is reportedly looking to Lithuania as the jurisdiction where it will try and secure a European bank license.
News of the bank license pursuit comes as Kraken plans to go public in the U.S. later this year or in early 2027.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
4 months ago
