DBS, Singapore’s largest bank, is set to offer over-the-counter (OTC) options trading and structured notes tied to Bitcoin and Ethereum prices! 🎉 This will be the first time an Asian bank has offered such products. Exclusive to institutional investors and accredited wealthy clients, these new products reinforce DBS’s leadership in the digital asset space.
These new products will help clients hedge against market volatility. DBS’s digital exchange DDEx has seen three-fold growth in crypto trading in the first five months of 2024. 🚀
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