Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement

Crypto Insight Summary: The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement. Crypto Insight Analysis: Direction: Bullish KRAKEN / Neutral BTC / Neutral ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional settlement expansion boosts Kraken's market position and liquidity.