[Kraken Parent Company Payward Partners with Singapore Gulf Bank to Provide 24/7 Instant Settlement for Institutional Clients] Kraken's parent company Payward has announced a partnership with Singapore Gulf Bank (SGB). Payward has integrated with SGB's real-time multi-currency clearing network, SGB Net, to offer 24/7 instant settlement services for institutional clients in specific jurisdictions across Asia and the Gulf region. Initially, the service will support USD transactions for select clients, with plans to expand both the client base and supported currencies in the future. SGB will also connect to Payward's institutional brokerage platform, Kraken Prime, to access digital asset liquidity and leverage Payward's market for pricing in client transactions over the coming months. According to the announcement, SGB Net currently processes over $20 billion in fiat transactions monthly.