Odaily Planet Daily News DBS Bank recently stated that the transaction value of digital payment tokens on its digital exchange has increased significantly in the first five months of 2024. DBS detailed: “The value (in Singapore dollars) of digital payment tokens traded on DBS Digital Exchange (Ddex) in the first five months of this year has almost tripled compared to the same period in 2023, with activity The number of trading customers increased by 36%, while digital assets under DBS custody (in Singapore dollars) surged by more than 80%.” DBS explained that this significant growth was attributed to the search for safe bank-grade transactions. and a massive influx of deposits from customers of managed digital asset platforms. Meanwhile, the total cryptocurrency market capitalization has increased by approximately 50% during the same time period. (Bitcoin.com)