Payward, Kraken’s parent, integrated Singapore Gulf Bank’s SGB Net for 24/7 instant settlement for institutional clients in Asia and the Gulf. The launch is limited to USD transactions for selected clients in specific jurisdictions; SGB says its network processes more than $20 billion in fiat transactions monthly. Payward’s announcement · SGB’s announcement

PaywardSingapore Gulf Bank

Payward, Kraken’s parent, integrated Singapore Gulf Bank’s SGB Net for 24/7 instant settlement for institutional clients in Asia and the Gulf. The launch is limited to USD transactions for selected clients in specific jurisdictions; SGB says its network processes more than $20 billion in fiat transactions monthly. Payward’s announcement · SGB’s announcement

SGB also plans to use Kraken Prime for digital-asset liquidity. The supplied BredoStrategy post says SGB will begin quoting customer trades against Kraken markets “in the coming months,” but the post is truncated and the announcements retrieved confirm the liquidity partnership without that timetable. SGB’s post · BredoStrategy post

The available announcements and updates do not establish any broader rollout or implementation date beyond those plans.

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