Kraken parent joins Singapore Gulf Bank, opening 24/7 institutional dollar rails
Summary
Kraken parent Payward has connected to Singapore Gulf Bank’s SGB Net, enabling selected institutional clients in eligible Asian and Gulf jurisdictions to fund Payward accounts in US dollars around the clock. The service is live for an initial, undisclosed group of clients; the companies have not named eligible countries or set dates for expanding access or adding currencies. Separately, SGB plans to use Payward markets for digital-asset pricing and liquidity for its customers in the coming months, with no specific launch date.
