DBS Bank, Singapore's largest bank by assets, has announced the launch of Token Services, a new suite of functionalities powered by blockchain, tokenization, and smart contracts. This initiative aims to optimize liquidity management and streamline operational workflows for institutional clients. The bank has previously piloted blockchain-based products, including a Treasury Token in partnership with Ant International and a Conditional Payments system with Enterprise Singapore. By leveraging its EVM-compatible permissioned blockchain, DBS Bank enables real-time, 24/7 payments, marking a significant advancement in transaction banking.