Institutional prime broker LTP has entered into a strategic partnership with Singapore Gulf Bank, which is regulated by the Central Bank of Bahrain. According to Foresight News, the collaboration aims to integrate regulated fiat systems with digital asset infrastructure to provide institutional clients with compliant and seamless funding solutions. The partnership will offer users 24/7 real-time settlement, compliant fiat custody, and enhanced capital efficiency.
Jack Yang, founder of LTP, stated that the collaboration strengthens LTP's security in fiat settlement, offering clients more efficient and controllable asset management capabilities. Shawn Chan, CEO of Singapore Gulf Bank, noted that by connecting to the LTP platform, the bank will extend its banking services and API infrastructure to a broader global institutional audience.