Payward, the parent company of the Kraken exchange, has announced a partnership with SGB Net, the payment network of Singapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain. This collaboration aims to facilitate instant transactions around the clock. Initially, the service will be available to a select group of institutional clients in Asia and the Gulf countries for transactions in U.S. dollars, with plans to incorporate additional currencies and expand its reach in the future. Additionally, the bank will integrate Kraken Prime to enhance liquidity for digital asset trading.