NewsVideoPricesResearchEventsData & IndicesSponsoredKraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.Updated Jul 7, 2026, 6:49 p.m. Published Jul 7, 2026, 6:38 p.m. Payward and Kraken co-CEO Arjun Sethi (CoinDesk)Kraken would be following the same path as Revolut, which holds a specialized European banking license issued by the Bank of Lithuania in 2018.Kraken’s plan is to acquire licenses over the next 10 years, either throu...