At the Solana Breakpoint 2025 event, Singapore Gulf Bank announced an on-chain financial service allowing customers to mint and redeem stablecoins on Solana. This initiative connects traditional banking with new blockchain technology, enhancing payment speed and liquidity management.

Fireblocks’ Multi-Party Computation cryptography will protect SGB’s digital asset operations against attacks and human error. SGB is backed by Singapore’s Whampoa Group and Mumtalakat, Bahrain’s sovereign wealth fund. The bank gains access to Fireblocks Network’s 2,400 institutional clients and w