Singapore Gulf Bank has chosen Fireblocks to power its digital asset infrastructure, marking a major step toward institutional participation in the digital economy.
Through this partnership, the bank will gain secure capabilities for crypto custody, stablecoin transactions, and fiat-to-crypto on/off-ramp solutions, enabling it to offer regulated and compliant digital asset services to its clients.
📈 Why it matters:
Traditional banks are bridging into crypto infrastructure, signaling broader industry adoption.
This move strengthens the connection between centralized finance (CeFi) and decentralized finance (DeFi).
Fireblocks, trusted by global financial institutions, provides the technological foundation for safe, scalable digital asset operations.
Singapore Gulf Bank’s initiative highlights how Asia’s financial hubs are taking the lead in merging traditional banking with the blockchain economy.
