Aquanow, a leading digital asset infrastructure provider, has announced a strategic partnership with SGB, a Central Bank of Bahrain-regulated digital bank. This collaboration aims to bridge the gap between traditional financial services and the rapidly evolving world of digital assets.
About the Aquanow and SGB Partnership
The partnership between Aquanow and SGB enables Aquanow clients to access regulated USD-denominated bank accounts through SGB. These accounts facilitate seamless conversion between cryptocurrencies and fiat currencies, streamlining operations for businesses and institutions that operate in both financial realms.
Real-Time Benefits
One of the main advantages of the Aquanow and SGB partnership is the integration of SWIFT-based settlement infrastructure. This allows Aquanow clients to execute real-time settlements, a key advancement for companies requiring instant finality in high-value transactions. Clients will also be able to move funds across major global currencies, such as USD, EUR, GBP, and others, thanks to SGB's 24/7 transfer capabilities.
Role of Institutional Crypto Finance
With regulation and trust at the forefront of crypto adoption, Aquanow’s collaboration with a regulated digital bank like SGB marks a notable moment. Institutions no longer need to choose between speed and compliance — they can now have both. This move also reinforces Bahrain’s growing role as a crypto-friendly financial hub in the Middle East.
The partnership between Aquanow and SGB aims to create more seamless and compliant financial systems, fostering the integration of crypto-assets into the traditional financial world.
