🚀 DBS Bank To Launch OTC Crypto Options And Structured Notes In 2024
#DBSBank #CryptoOptions #StructuredNotes #OTCCrypto #Bitcoin #Ethereum #InstitutionalClients #Cryptocurrency #FinancialProducts #2024
According to PANews, DBS Bank is set to introduce over-the-counter (OTC) crypto options trading and structured notes for institutional clients. The bank will continue to offer financial products linked to Bitcoin and Ethereum. While DBS Bank has not disclosed a specific date, it has indicated that the issuance of these cryptocurrency products will commence sometime in the fourth quarter of 2024.#DBSBank #CryptoOptions #StructuredNotes #OTCCrypto #Bitcoin #Ethereum #InstitutionalClients #Cryptocurrency #FinancialProducts #2024
🚀 DBS Bank Launches Tokenized Structured Notes on Ethereum Blockchain
#DBS #Bank #TokenizedNotes #Ethereum #Blockchain #CryptoAssets #Liquidity #Investors #ADDX #DigiFT #HydraX #StructuredNotes #FinancialInnovation #ETH
According to PANews, Singapore's largest bank, DBS, has announced the issuance of tokenized structured notes on the Ethereum blockchain. These notes are available to qualified and institutional investors through local exchanges ADDX, DigiFT, and HydraX. The initial offering is a participatory note linked to crypto assets, providing cash settlement when prices rise and limiting losses when prices fall. The unit price of the notes has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience. In the first half of 2025, the trading volume of related products exceeded $10 billion, with a nearly 60% quarter-on-quarter growth in Q2. DBS plans to expand its offerings to include equity and credit-linked notes in the future.#DBS #Bank #TokenizedNotes #Ethereum #Blockchain #CryptoAssets #Liquidity #Investors #ADDX #DigiFT #HydraX #StructuredNotes #FinancialInnovation #ETH