**DBS Bank to Launch OTC Crypto Options Trading and Structured Notes**

- Singapore’s DBS Bank is diving deeper into the crypto pool, announcing plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients. 🌊

- Starting Q4 2024, clients can hedge their Bitcoin (BTC) and Ether (ETH) positions against market volatility using these new financial products.

- Options trading lets investors buy or sell assets at a set price in the future, while structured notes are debt securities with returns based on underlying assets.

- DBS is also adopting Web3 infrastructure, enhancing corporate liquidity and streamlining government grants via blockchain.

Singapore continues to lead in crypto adoption, thanks to its supportive banking system and progressive regulations.