**DBS Bank to Launch OTC Crypto Options Trading**

Singapore's DBS Bank is set to offer over-the-counter (OTC) crypto options trading and structured notes for institutional clients starting Q4 2024. The bank will provide financial products linked to Bitcoin (BTC) and Ether (ETH), allowing clients to hedge against market volatility.

**Key Highlights:**

- **Crypto Options Trading:** Clients can engage in hedging by buying or selling assets at a future date.

- **Structured Notes:** Debt securities with returns based on underlying assets.

- **Enhanced Portfolio Management:** Clients can now better manage their digital asset portfolios.

DBS continues to embrace Web3 infrastructure, recently launching pilots for blockchain-based treasury tokens and government grants. Singapore remains a leader in crypto adoption, thanks to its supportive banking system and regulatory framework.