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TRX Kraken parent Payward and Singapore Gulf Bank launch 24/7 institutional crypto settlement
Payward, the operator of Kraken, and Singapore Gulf Bank are launching a 24/7 digital assets settlement service for select institutional clients in Asia and the Gulf region, according to CoinDesk and Cointelegraph.
Why “Unverified”
- 2 independent sources (Cointelegraph, CoinDesk), but no primary confirmation
2 independent source groups across 2 posts · evidence score 79/100. How labels work
What the sources claim
-
Payward and Singapore Gulf Bank are rolling out a 24/7 digital assets settlement service for select institutional clients in Asia and the Gulf region.
“The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region”
CoinDesk -
The partnership will let select institutions in Asia and the Gulf region instantly settle US dollar transactions through the bank's SGB Net.
“The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net”
Cointelegraph
Sources
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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-05 09:30 UTC. Labels are computed from the sources, not by the model.