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SGB & Matrixport Unite for 24/7 Fiat and Crypto Custody

Singapore Gulf Bank partners with Matrixport to offer 24/7 regulated fiat and crypto custody for institutions.

  • SGB and Matrixport offer joint custody for fiat and digital assets
  • Clients can manage both asset types from one secure platform
  • SGB Net enables faster and safer global transfers

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.

The collaboration bridges the gap between traditional finance and digital assets, giving institutional investors a seamless way to manage both cash and cryptocurrencies in one place. This is a major step forward for financial institutions seeking streamlined asset management across fiat and crypto ecosystems.

One Platform for Cash and Crypto

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. It’s not just about convenience—it’s about redefining trust and control in the evolving world of finance.

Speedy 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.

This new model has the potential to reshape how institutions approach asset custody, making it easier and safer to operate across fiat and crypto channels without switching between multiple service providers.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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