Gate News Report, March 24 — Institutional prime broker LTP announced a strategic partnership with Singapore Gulf Bank (SGB), regulated by the Central Bank of Bahrain (CBB). The collaboration will integrate regulated fiat currency systems with digital asset infrastructure to provide compliant fund transfer solutions for institutional clients.
Under the agreement, both parties will offer three core services: 24/7 real-time settlement, compliant fiat custody, and enhanced fund efficiency. LTP founder Jack Yang stated that this partnership will strengthen LTP’s security in fiat settlement and provide clients with more efficient and controllable asset management capabilities. SGB CEO Shawn Chan noted that by integrating with the LTP platform, SGB will expand banking services and API infrastructure to a broader global institutional audience.