High Alert

Kraken operator Payward and Singapore Gulf Bank partner for 24/7 institutional crypto settlement

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Kraken operator Payward and Singapore Gulf Bank partner for 24/7 institutional crypto settlementWorldPing
Image via CoinDesk.

What happened

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.

Key facts

  • Reported by CoinDesk and published Mon, 05 Oct 2026 09:26:24 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Webull Becomes X Cashtag Partner for Crypto and Stock Trading

  2. Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank

  3. Kraken operator Payward and Singapore Gulf Bank partner for 24/7 institutional crypto settlement

  4. Czechia’s Partners Banka Adds Direct Bitcoin Trading

  5. Treasury crackdown exposes crypto's role in $2 million Hamas fundraising network

  6. Greek Soldiers Among Alleged Leaders of $8M Crypto Pyramid Scheme

  7. Visa, CoinShares find growing crypto appetite among consumers and affluent investors

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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Brief by WorldPing · Original reporting by Bitcoin.com