SGB ​​and Cactus Custody announce partnership to launch 24/7 compliant fiat currency custody services

According to Coinjie.com, Singapore Gulf Bank (SGB) and Matrixport's Cactus Custody announced a partnership to provide 24/7 compliant fiat currency custody services to institutional customers. The integration will combine SGB's licensed banking infrastructure with Cactus Custody's digital asset platform, allowing customers to manage cash and digital assets simultaneously on a single platform, and rely on the SGB Net real-time payment network to achieve faster and safer cross-border fund flows.