Singapore's DBS Bank is set to introduce over-the-counter (OTC) crypto options trading and structured notes for institutional clients. The bank will offer financial products tied to the prices of Bitcoin (BTC) and Ether (ETH), the top two digital assets by market cap. Starting in the fourth quarter of 2024, clients can invest in these assets through options trading and structured notes. Crypto options contracts derive their value from underlying cryptocurrency prices, allowing investors to hedge against price volatility. Meanwhile, structured notes, a type of debt security, offer returns based on underlying assets. DBS clients can hedge their BTC and ETH positions against market volatility using various options structures. The move aims to provide professional investors with institutional-grade access to the digital asset ecosystem and advanced portfolio management strategies. DBS Bank has also been exploring Web3 infrastructure, launching initiatives like DBS Treasury Tokens on a blockchain to enhance corporate liquidity management. Read more AI-generated news on: https://app.chaingpt.org/news
DBS Bank to Launch Crypto Options Trading and Structured Notes for Institutional Clients
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