New Digital Asset Custody Service Launched by Bahrain-Supported Bank
Bahrain-backed Singapore Gulf Bank has introduced digital asset custody and trading solutions, allowing corporate clients to manage both traditional and digital assets on a unified platform.
Announced at a GCC investment forum, the move supports Bahrain’s goal to link Asian and MENA markets through innovative finance. Minister Noor bint Ali Al-Khulaifi emphasized Bahrain’s role as a gateway for global enterprises in the digital economy, while Central Bank Governor Khalid Humaidan highlighted the balance between innovation and regulation.
Backed by Mumtalakat and Whampoa Group, Singapore Gulf Bank aims to bridge traditional finance with the digital asset world.
Clever Robot News Desk 7th November 2024
