33.4 C
Singapore
Tuesday, June 22, 2021
Home Business DBS Bank Ltd Introduces Asia’s Very First Direct Crypto Offering to Their...

DBS Bank Ltd Introduces Asia’s Very First Direct Crypto Offering to Their Private Banking Clients

DBS Bank Ltd, a Singapore-based multinational banking and financial services corporation, announced that it will now allow its private banking clients to invest and manage Bitcoin, Ether, Bitcoin Cash and XRP through a safe and secure service by the bank.

Last December 2020, DBS launched its Digital Exchange System, allowing institutional investors and accredited investors to raise funds through digital security tokens and trade digital assets, including cryptocurrencies.

Find out more at: 

https://www.dbs.com/newsroom/DBS_Private_Bank_launches_trust_solution_for_cryptocurrencies

DISCLAIMER: SGBusinessTalk website, its article contents and opinions is for research purposes and entertainment only. At no point should the content here be taken as financial advice. You are yourself responsible for any and all investment and trading decisions. This article IS NOT a financial advice. You can lose all your money in cryptocurrency. Do not invest if you fear to lose income. SGBusinessTalk is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Most Popular

Alibaba, Google and More Than 300 Other Companies are Now Seeking Singapore Crypto Licences

The Monetary Authority of Singapore (MAS) said they have received more than 300 applications, including requests from Alibaba and Google, under the Payment Services...

Bevoochat – Revolutionary Facebook Messenger Marketing Software

“Bevoochat is a comprehensive subscription-based platform with solutions for online chatbot, Facebook marketing tool, F&B QR code table ordering system, mobile e-Commerce and more.“Market...

El Salvador, the First Country to Adopt Bitcoin as Legal Tender

El Salvador has been hailed as the very first country in the world to formally adopt cryptocurrency as legal tender after the majority of...

Singapore-Based Bank DBS Issues $11.3 Million in Blockchain Bonds

Singapore-based multi-national bank DBS has issued a US$11.3 million (SGD15 million) digital bond in its DBS Digital Exchange (DDEx) first security token offering (STO)....