Payward and Singapore Gulf Bank Partner for 24/7 Institutional Settlement
Tom Rudovsky · Reported by Chainwire
Sentiment
Positive
Importance
7
Price
--
Mkt Cap
--
52W Low
--
52W High
--
52W Position
Off High
Rel. Volume
Market data snapshot near publication time
Summary
Payward, the parent of Kraken, has partnered with Singapore Gulf Bank (SGB) to integrate SGB Net, a real-time clearing network, enabling institutional clients to settle transactions instantly around the clock. The partnership also makes Kraken Prime a liquidity source for SGB's digital asset offerings. This expands Payward's banking infrastructure and strengthens its institutional reach in Asia and the Gulf. The move follows Payward's recent Nasdaq Ventures investment and LSE tokenization deal, reinforcing its push into institutional-grade services.
This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Chainwire.