🚀 Singaporean giant DBS Group will become Paxos' custodial partner after the latter received full approval from the Singapore Monetary Authority. 🎉 This expands DBS' presence in the digital asset ecosystem and opens Paxos to a third market after the US and UAE. Paxos, which specializes in regulated blockchain infrastructure, has cut 20% of its staff to “better realize the enormous opportunity in tokenization and stablecoins.” Let's discuss in the comments!