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DBS Bank rolls out ‘Token Services’ for blockchain-based banking

DBS Bank has launched “Token Services” to enhance blockchain solutions for clients. Key offerings of the ‘DBS Token Services’ include Treasury Tokens, Conditional Payments, and Programmable Rewards. The services optimize…

Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024

DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain…

Singapore’s largest bank DBS holds $650 million in ETH: Nansen

Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank…

Singapore bank DBS allows e-CNY settlements

The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian,…