DBS Bank enters the crypto options market! 🎉
According to Odaily Planet Daily, DBS Bank plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients. These new products will be linked to Bitcoin and Ethereum, further enriching the options in the financial market. Although the specific date has not yet been announced, DBS Bank said that these cryptocurrency products are expected to go online sometime in the fourth quarter of 2024.
This move shows that traditional financial institutions are increasingly interested in the cryptocurrency market, especially the optimism about Bitcoin remains strong. Let us wait and see! 🚀