Singapore Gulf Bank (SGB) has partnered with Matrixport to offer innovative custody solutions for institutional clients combining fiat and cryptocurrency.
Partnership Between SGB and Matrixport
Singapore Gulf Bank (SGB) has teamed up with Matrixport's Cactus Custody to deliver an innovative custody solution for institutional clients. This strategic partnership introduces 24/7 regulated fiat and crypto custody, combining SGB’s robust, licensed banking framework with Matrixport’s secure digital asset platform.
Unified Platform for Fiat and Crypto Assets
At the heart of this partnership is Cactus Custody, Matrixport’s institutional-grade digital asset custody service. When integrated with SGB’s banking infrastructure, clients gain the ability to securely manage their fiat currency and digital holdings within a single interface. This unified approach reduces complexity and enhances operational efficiency for institutions dealing with multi-asset strategies.
Fast Global Transfers with SGB Net
To complement this advanced custody solution, the partnership also leverages SGB Net, a system designed for fast, secure, and compliant cross-border transactions. By integrating this service into the custody offering, clients can move assets globally with confidence and speed, eliminating the bottlenecks typically seen in legacy financial systems.
The joint solution from Singapore Gulf Bank and Matrixport presents new opportunities for institutional clients, enhancing asset management and efficient global transfers.
