Singapore's largest bank DBS (Development Bank of Singapore) announced the issuance of tokenized structured notes on the Ethereum public blockchain, open to qualified and institutional investors on local exchanges ADDX, DigiFT, and HydraX. The first product is a participatory note linked to crypto assets, with cash settlement on price increases and limited loss on price decreases. The note unit has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience. (CoinDesk)