DBS unexpectedly launches tokenized financial products on Ethereum
DBS Bank – the financial giant in
#Singapore – has just announced the issuance of tokenized structured notes on the Ethereum network. This move aims to meet the growing demand from institutional investors for digital assets.
Structured notes are products that combine debt securities and derivatives, often yielding periodic returns. With the new product from
#DBS , the underlying asset is primarily cryptocurrency. Investors will receive cash when crypto prices rise, while the product mechanism is designed to mitigate risks when prices fall.
To distribute, DBS has partnered with digital platforms ADDX, DigiFT, and HydraX. According to the bank's representatives, tokenization makes these products easier to trade, more flexible, and more transparent.
Mr. Li Zhen – Director of Foreign Exchange and Digital Assets at DBS – emphasized: “Tokenizing assets is the next frontier of the global financial infrastructure.”
This move places DBS on the increasingly long list of traditional financial institutions participating in tokenization, following BlackRock, Citi, and Bank of America. Even the World Economic Forum (WEF) has assessed that tokenization could become the “new generation of value exchange” in the financial market.
👉 With this bold step, DBS not only paves the way for traditional banks to delve deeper into the digital asset era but also creates additional safe opportunities for investors seeking to access crypto.
⚠️ This article is for informational purposes only and does not constitute investment advice.
#anhbacong