“Ethereum ($ETH ) Conquers the Largest Bank in Singapore”

DBS Bank, Singapore's largest bank, has accumulated 173,700 ether (ETH) in its Ethereum wallet, equivalent to $650 million. This information was released through the platform specialized in cryptocurrency research and analysis, Nansen1. The bank, founded in 1972, is no stranger to the world of cryptocurrencies: in 2020, it created the first exchange backed by a traditional bank to trade bitcoin, ether, XRP and bitcoin cash. In addition, it offers custody and management services for digital assets. Institutional adoption of Ethereum is on the rise, and this news could encourage other institutions to follow suit. The market is also looking forward to the approval of Ethereum ETFs in the United States, which could further boost ETH adoption.

Cryptocurrency continues to gain ground in the financial world! 🚀🌐 #ETHETFsApproved $XRP