Kraken and SGB Launch 24/7 Crypto Settlement

Payward and Singapore Gulf Bank are debuting a 24/7 U.S. dollar settlement service for institutional clients across Asia and the Gulf region.

The top 3

  1. Initial Service Rollout Scope: The partnership prioritizes select institutional clients specifically located within the Asian and Gulf geographic corridors.
  2. Core Operational Capability: The firms aim to eliminate traditional banking downtime by enabling round-the-clock digital asset settlement in U.S. dollars.
  3. Strategic Partner Profiles: Kraken operator Payward provides the exchange infrastructure while Singapore Gulf Bank supplies the institutional banking rails. Kraken

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