DBS Bank

Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange

<div class=”featured_image_container”> </div> <strong>DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive.</strong> DBS’ First Security Token Offering DBS announced Monday its first security …

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Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies

<div class=”featured_image_container”> </div> <strong>DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained.</strong> DBS’ New Cryptocurrency Trust Service DBS Group said Friday that its private banking …

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Singapore’s biggest bank launches crypto trust solution

DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via its wholly-owned trust company DBS Trustee, The Business Times …

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JPMorgan and DBS to launch blockchain cross-border payment platform

Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state investment firm Temasek to launch a new blockchain company focused on global payments and interbank transactions. Dubbed Partior, the new firm will use blockchain technology and digitize commercial bank money to reduce the existing friction in cross-border payments, trade transactions and …

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Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

<div class=”featured_image_container”> </div> <strong>DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin.</strong> DBS Launches Bitcoin Services DBS officially announced Thursday that it is launching a “full-service digital exchange” to provide “tokenisation, …

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DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement

Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet The Business Times, DBS Bank is the first bank from Singapore to join the network. Major …

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