DBS expands crypto offerings with tokenized structured notes on Ethereum

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DBS, Singapore’s largest slope by assets, is expanding its integer plus offerings with the motorboat of tokenized structured notes connected the Ethereum blockchain.

DBS announced connected Thursday that the slope is opening the doorway to traditionally high-barrier fiscal products successful smaller denominations done tokenization.

Structured notes are a benignant of indebtedness information offered by fiscal institutions similar banks. DBS said these typically necessitate a minimum concern of $100,000 and are tailored to idiosyncratic clients, making them analyzable and illiquid.

By issuing them successful $1,000 denominations, DBS said the products volition go much flexible, tradable and easier for investors to negociate successful portfolios.

DBS clients executed implicit $1 cardinal successful trades successful 2025

DBS launched its crypto-linked structured notes connected Sept. 17, 2024, on with crypto options trading. The slope said request has been strong, with clients executing much than $1 cardinal successful trades successful the archetypal fractional of 2025, up astir 60% from the archetypal to the 2nd quarter.

Initially, DBS said it volition tokenize cash-settled crypto-linked information notes for distribution. The enactment structures volition supply investors with a currency payout erstwhile crypto prices rise.

This enables them to physique vulnerability to the plus people without managing immoderate crypto directly. DBS said it’s besides structured to mitigate imaginable losses erstwhile crypto prices decline.

DBS added that beyond its crypto-linked notes, it volition besides tokenize its communal structured notes, similar equity-linked notes and credit-linked notes.

Li Zhen, caput of overseas speech and integer assets for planetary fiscal markets astatine DBS, said the slope has been moving connected tokenization initiatives since 2021. He said the motorboat of crypto-linked notes aims to conscionable increasing organization request for integer assets.

DBS offers structured notes to eligible investors

According to the announcement, the tokenized structured notes volition lone beryllium offered exclusively to accredited and organization investors. DBS said these volition beryllium distributed done Singapore-licensed integer concern platforms ADDX, DigiFT and HydraX.

While the slope said the tokenized structured notes volition beryllium connected the Ethereum blockchain, the slope did not supply immoderate details connected wherefore the web was chosen and however the tokens volition beryllium issued.

Cointelegraph reached retired to DBS for much information, but did not get a effect earlier publication.

The tokenized structured notes physique connected DBS’s broader blockchain and integer assets push.

In October 2024, the slope launched blockchain-based banking for institutions, allowing real-time blockchain outgo settlements utilizing astute contracts. In November, the slope collaborated with Paxos’ Singapore limb to launch a USD-backed stablecoin.