Payward, the parent company of Kraken, connects to the Singapore Gulf Bank network to provide round-the-clock US dollar funding services for institutional customers.
Payward, the parent company of the cryptocurrency exchange Kraken, has officially connected to the Singapore Gulf Bank network, aiming to provide round-the-clock US dollar funding support to institutional customers. The move aims to address one of the most stubborn pain points in professional cryptocurrency transactions: the inability to make dollar transfers outside traditional bank hours.
Payward connects to the Singapore Gulf Bank Network
Payward is the corporate entity behind Kraken, one of the largest centralized cryptocurrency exchanges in the world by transaction volume. By connecting to the Singapore Gulf Bank network, Payward extends Kraken's institutional infrastructure into regulated banking relationships, allowing it to handle round-the-clock U.S. dollar flows.
As a digital bank, Gulf Bank of Singapore is committed to bridging traditional financial and crypto markets. Its network is designed to support high-value, time-sensitive transactions, which are exactly what institutional clients such as trading companies, asset managers and crypto-native funds require on a daily basis. Payward's settlement arrangement with Gulf Bank of Singapore represents a direct integration between major crypto platforms and banks built specifically for digital assets.
需要强调的是,这是一项机构级的基础设施发展成果,而非零售产品或消费者功能。个人Kraken用户并非该服务的目标受众;其重点在于那些处理大额资金且无法承受因银行营业时间或周末关闭而导致延迟的专业市场参与者。
全天候机构美元资金意味着什么
传统银行电汇通常仅在工作日(周一至周五)处理。对于永不休市的加密市场而言,这造成了明显的时差缺口。如果一家机构希望在周日凌晨2点建仓,或在周五下午市场事件后转移美元,往往不得不等到周一早上才能操作。
Payward与新加坡海湾银行的连接正是为了填补这一空白。该服务提供7×24小时的美元资金支持,意味着机构可以随时向交易账户存入或提取美元。 denomination(计价货币)至关重要:美元仍是机构加密交易中的主导结算货币,因此任何时段获取美元流动性都直接影响 firms 把握市场机会的速度。
值得注意的是,此次公告描述的是资金准入权限,而非交易执行或托管服务。其核心承诺在于,确保机构客户与Kraken之间的美元资金通道在非工作时间也能保持畅通。
为何连续的美元访问对机构加密市场至关重要
The crypto market is open all year round, including weekends and holidays, while traditional financial markets are not. This mismatch has long created a structural disadvantage for institutions that want to participate deeply in the crypto market. When U.S. dollar funds are limited by bank hours, institutions are either forced to hold more pre-charged balances than expected or can only accept the inability to respond quickly to night and weekend price fluctuations.
The availability of U.S. dollar funds around the clock reduces the need for pre-configured capital. Trading desks can keep less idle cash in exchange accounts because they know they can replenish funds at any time if needed. This efficiency improvement is significant at the size of the organization.
In addition, bank connectivity is increasingly being seen as a reputation signal when crypto platforms compete for institutional business. Connections to regulated banking networks indicate that the platform has the compliance infrastructure and banking relationships needed by large professional clients. Similar logic is driving other market participants to move, such as ICE and OKX's plans to build a 24/7 trading venue covering 63 tokenized U.S. securities to advance the construction of continuous settlement infrastructure.
Changes in the regulatory environment have also made such bank connections more feasible. Recent signals from U.S. policymakers, including the removal of certain crypto reporting requirements by the U.S. Treasury, suggest that some of the compliance barriers that previously made banks cautious about crypto relationships are being loosened.
对于刚接触加密领域的人士而言,实际启示十分明确:Kraken的母公司已获得一项银行安排,使其最大客户能够全天候获得美元资金支持。这使得Kraken成为需要快速、随时移动资金且无需等待银行开门的专业交易者更具竞争力的选择。

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