Payward, the parent company of crypto exchange Kraken, has integrated SGB Net, the real-time clearing network run by Bahrain-based Singapore Gulf Bank (SGB), enabling institutional clients to settle transactions around the clock.
The integration initially supports US dollar settlement for a select group of clients, with additional currencies planned. SGB is also onboarding Kraken Prime, Payward’s prime brokerage arm, as a liquidity source for its own digital asset offerings.
SGB Net launched in 2025 and now processes more than $20 billion in monthly fiat transactions.
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