Kraken and Singapore Gulf Bank launch a 24/7 institutional crypto settlement service, enabling around-the-clock U.S. dollar transactions for clients across Asia and the Gulf region.
Payward, operating as Kraken, is strategically expanding its institutional footprint by partnering with Singapore Gulf Bank to facilitate 24/7 U.S. dollar settlements. This initiative directly addresses the demand for continuous liquidity and settlement capabilities among institutional clients in the Asia and Gulf regions.
To provide around-the-clock U.S. dollar settlement services for institutional clients in Asia and the Gulf region.
Singapore Gulf Bank is enhancing its digital asset service offerings by integrating Kraken's settlement infrastructure. This partnership allows the bank to provide its institutional clients with 24/7 U.S. dollar settlement, positioning it as a key player in the digital finance ecosystem within the Gulf and Asian markets.
Select institutional clients located in the Asia and Gulf regions.
Payward, Inc. subsidiary Kraken has entered a strategic partnership with Singapore Gulf Bank to launch a 24/7 digital asset settlement service. The initiative targets institutional clients across Asia and the Gulf, providing continuous U.S. dollar settlement capabilities to bridge traditional finance and crypto markets.
The partnership aims to provide institutional clients in Asia and the Gulf with a 24/7 digital asset settlement service, facilitating continuous U.S. dollar transactions.