Payward, the parent company of Kraken, announced on October 4, 2026 a partnership with Singapore Gulf Bank (SGB) to offer 24/7 instant settlement for institutional clients in Asia and the Gulf region. SGB Net, which already processes over $2 billion monthly in fiat transactions, will be integrated into Payward’s infrastructure. The service starts with USD transactions and a select group of clients before gradually expanding to additional currencies. Liquidity will be provided through Kraken Prime, Payward’s institutional prime brokerage arm. This announcement follows a similar partnership in September 2026 with SoFi for real-time USD settlement.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
