🇸🇬 DBS Bank to launch OTC options and structured notes for institutional clients from Q4/2024! 📈
- DBS will offer financial products related to BTC and ETH.
- Customers can invest through options and structured notes.
- Options help "hedge" price fluctuations, allowing to buy/sell assets at a set time.
- Structured notes are a type of debt security based on the underlying asset.
DBS continues to apply Web3 infrastructure:
- August 2023: Launch DBS Treasury Tokens on EVM-compatible blockchain.
August 2023: Integrate blockchain into government subsidy distribution.
Singapore leads the crypto adoption index:
- Tops Henley & Partners' study thanks to its supportive banking system and good regulations.
What do you think about this move by DBS? Comment now! 💬