DBS Bank has expanded its blockchain capabilities by tokenizing structured notes linked to cryptocurrencies. The Singapore based lender will make these tokenized instruments accessible in fractional form on external trading venues including platforms such as ADDX, DigiFT and HydraX.
The bank was one of the first in the world to offer spot cryptocurrency trading services when it launched DBS Digital Exchange (DDEx) in 2020, with DDEx available to a restricted audience comprising high net worth individuals and professional investors. Unlike DDEx and other offerings available exclusively to DBS clients, these tokenized structured notes will broaden access beyond the bank’s…
