Payward Integrated SGB Net for 24-Hour Settlement
Institutional clients can now settle transactions around the clock by utilizing this real-time clearing network.
Updated on Oct. 5, 2026 in Financial Services
Live Poll
Does faster settlement in digital asset markets make you trust crypto platforms more?
Payward has integrated the Singapore Gulf Bank SGB Net clearing network to provide institutional clients with 24-hour transaction settlement. The partnership also enables the bank to leverage Kraken Prime as a liquidity source for digital assets.
Why it matters
Traditional banking settlement often relies on fixed business hours, which creates friction for participants in digital asset markets that operate continuously. This integration addresses that operational bottleneck by enabling real-time capital deployment for institutional traders.
SGB Net processes $20 billion in monthly fiat transactions, now supporting 24-hour settlement for institutional clients. The platform launched in 2025 and operates under the regulatory supervision of the Central Bank of Bahrain.
The players
Payward
The parent company of Kraken, a global digital asset exchange offering spot and derivatives trading for retail and institutional investors.
Singapore Gulf Bank
A Bahrain-regulated financial institution backed by Mumtalakat and Whampoa Group that provides digital asset services to institutional clients.
The details
The integration allows institutional clients to deposit funds directly into Payward via SGB Net for immediate availability. By bridging the real-time clearing capabilities of the bank with the market depth of Kraken Prime, the partners facilitate liquidity for digital asset trading. SGB will further utilize Payward markets to price trades for its customers in the coming months.
Timeline
Singapore Gulf Bank launched the SGB Net clearing network in 2025.
Payward and Singapore Gulf Bank announced their partnership on October 5, 2026.
Market Landscape
This integration follows the regulatory patterns established by the Central Bank of Bahrain for digital asset custodians. It marks a shift toward integrating private clearing networks with high-frequency digital asset liquidity providers.
Operators in the digital asset space should monitor whether their current clearing providers offer similar 24-hour settlement capabilities. If your firm relies on traditional banking hours, evaluate if the liquidity friction is impacting your ability to capture market opportunities.
The takeaway
Real-time clearing networks are increasingly bridging the gap between legacy banking and continuous digital asset markets. Keep a close watch on how these integrations influence settlement times and capital efficiency for your institutional counterparts.
Further reading
For broader trends in digital asset infrastructure, see our latest coverage on Financial Services.
More information
Review institutional service capabilities on the Singapore Gulf Bank corporate website.
Live Poll
Does faster settlement in digital asset markets make you trust crypto platforms more?
