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Kraken parent Payward has joined Singapore Gulf Bank’s SGB Net, giving selected institutions in Asia and the Gulf 24/7 access to US-dollar funding for digital asset trading.
Kraken is turning X Cashtags into a shorter route from crypto conversation to crypto trade.
Withdrawals close Sept. 14 at 14:00 UTC, ahead of Sept. 15–25 liquidation with no guaranteed proceeds currency.
Payward plans monitoring across five market types, but legal classification still controls U.S. access and investor protections.
Binance Alpha uses two eligibility snapshots for swaps and refunds, while Kraken now supports only Ethereum-based NES.
The expanded Payward relationship adds surveillance across five market categories while NETs remain a Q2 2027 target.
Kraken and OKX showed far smaller ranges, and $3.66 billion in XRP open interest remained after the liquidation wave.
Withdrawals close at 14:00 UTC, then thin markets could determine what automatic liquidation returns.
Withdrawals closed July 31, leaving residual balances to a five-day sale whose venue, sequence, fees and settlement currency remain undisclosed.
