DBS Bank News

As of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements.

DBS Hong Kong CEO Sebastian Paredes warned that Hong Kong’s new stablecoin KYC and AML rules will largely block their use in onchain derivatives trading.

DBS, Franklin Templeton and Ripple will offer tokenized trading and lending services on the XRP Ledger to attract institutional investors.

DBS Bank launched tokenized structured notes on Ethereum, expanding access to crypto-linked investment products for accredited and institutional investors.

Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.

Nansen believes the crypto wallet already earned $200 million by holding ETH.

The latest initiatives by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.

Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.

DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.

As Hong Kong has been opening up to crypto, major financial institutions such as DBS Group are targeting new crypto services in the Chinese territory.

MakerDAO co-founder Nikolai Mushegian's death opened a new Pandora's box of conspiracy theories, based on some of his recent tweets.

Major Asian financial institution DBS Bank has applied DeFi technology to a project backed by the Monetary Authority of Singapore.

Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000.

DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors.

The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology.