Overview
- SGB selected Fireblocks to run its secure wallet infrastructure for digital asset custody alongside automated treasury workflows and liquidity optimization.
- The integration provides access to the Fireblocks Network for on‑chain asset transfers, stablecoin payment orchestration, and connections to a broad institutional ecosystem.
- Fireblocks’ security architecture combines Multi‑Party Computation cryptography with secure hardware to reduce external attacks, insider threats, and operational errors.
- SGB operates as a licensed digital wholesale bank regulated by the Central Bank of Bahrain and is backed by Whampoa Group and Bahrain’s sovereign wealth fund, Mumtalakat.
- The partnership follows SGB’s May launch of SGB Net, with plans to expand use of Fireblocks to fiat–crypto on‑ and off‑ramps and potential stablecoin issuance over time.