Singapore Gulf Bank partners with BNY to enhance USD clearing and offer U.S. Treasury access to crypto clients

Singapore Gulf Bank (SGB) has partnered with BNY to join its correspondent banking network and Fixed Income Brokerage platform. This partnership enhances SGB's ability to provide real-time, 24/7 USD settlement and expands its product offerings by allowing crypto-native clients to trade U.S. Treasury bills and money market funds. The move supports SGB's strategy to integrate digital assets with traditional finance, offering clients more options to allocate capital securely. This collaboration also complements SGB's existing integration with J.P. Morgan for rapid USD settlement.