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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
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