October 5th 2026, 9:26 AM
Kraken Expands Global Reach with 24/7 Crypto Settlement
Key Summary
Kraken operator Payward is partnering with Singapore Gulf Bank to launch a 24/7 institutional crypto settlement platform, initially targeting select clients in Asia and the Gulf region with U.S. dollar settlements.
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Kraken Expands Global Reach with 24/7 Crypto Settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement.Partnership Details
Payward, the operator of Kraken, is partnering with Singapore Gulf Bank to launch the new platform.Initial Target Market
The service will initially be offered to select institutional clients in Asia and the Gulf region.Key Features
The platform will provide 24/7 U.S. dollar settlement for digital assets, enabling fast and efficient transactions.#Kraken#Singapore#CryptoSettlement#InstitutionalTrading