2026-01-07 17:16:57

Zilch Technology, a British fintech firm, has secured a significant move into Europe's regulated banking sector by acquiring AB Fjord Bank based in Lithuania. This acquisition grants the company access to a highly sought-after banking license on the continent, marking an important step in the fintech's expansion strategy. The deal positions Zilch to offer regulated financial services across Europe, strengthening its competitive position in the increasingly competitive digital finance landscape. For the Web3 and fintech community, this signals how traditional finance infrastructure is gradually opening doors to innovative players looking to bridge centralized and decentralized finance ecosystems.

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HodlKumamon

· 01-07 17:47

Another door in traditional finance has been opened, interesting. --- Bank licenses used to be as precious as Dragon Ball, but now fintech companies are collecting them one after another. --- The level of openness in Europe this time, I can see that they are genuinely embracing innovation, not just paying lip service. --- Let's compare with the domestic scene—here, they are still debating, while over there, they already have the license in hand. --- The real interesting part of this acquisition is the path from CeFi to DeFi bridging.

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MerkleMaid

· 01-07 17:47

Getting a banking license for ceFi is really a key step, so that it can have a dialogue with DEXs.

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RektRecovery

· 01-07 17:46

lol here we go again... another fintech playing regulatory arbitrage chess while everyone cheers. classic move tbh—grab a banking license, suddenly you're "bridging ecosystems." watched this exact pattern unfold before, never ends well when the honeymoon period wears off

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airdrop_huntress

· 01-07 17:40

The license has been obtained, traditional finance has finally decided to loosen up.

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LiquidationWatcher

· 01-07 17:31

Hey, wait a minute. Is it really that easy to get a banking license for Litho? Feels like a trick is coming again.

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AlwaysQuestioning

· 01-07 17:26

Bank licenses are still something traditional finance is reluctant to give up... But Zilch's move is indeed clever, directly acquiring a Lithuanian license from the UK to enter Europe, giving it a bit of a comeback vibe.

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DeFi_Dad_Jokes