Payward and Singapore Gulf Bank launch 24/7 institutional crypto settlement
Payward, Kraken's parent company, announced an October 4 2026 partnership with Singapore Gulf Bank (SGB) for 24/7 U.S. dollar digital asset settlement for institutional clients in Asia and the Gulf.
- Payward partnered with Singapore Gulf Bank to offer 24/7 USD digital asset settlement for institutional clients in Asia and the Gulf
- The service integrates SGB Net, SGB's real-time multi-currency clearing network, with Payward's infrastructure
- Kraken Prime, Payward's institutional prime brokerage arm, provides liquidity for the settlement service