DBS Bank in Singapore is preparing to roll out new investment options for institutional clients, allowing them to engage in crypto options trading and structured notes.
The bank announced on September 17 that it will begin offering products tied to the values of Bitcoin and Ethereum, giving clients a way to invest in these assets through more sophisticated financial instruments starting late 2024.
These offerings will provide avenues for investors to hedge against the volatility in cryptocurrency markets.
Clients who hold Bitcoin or Ethereum with DBS will be able to use options strategies to manage their exposure to market fluctuations. Additionally, structured notes, a form of debt security, will be tied to the performance of these digital assets.
Jacky Tai, DBS’s head of trading and structuring, emphasized that the move is part of a broader strategy to meet rising demand from institutional investors seeking diversified exposure to digital assets.
In a separate effort, DBS has been exploring blockchain technology, launching several pilot programs aimed at streamlining liquidity management and government processes. Singapore’s regulatory environment, supported by its strong banking infrastructure, continues to bolster the country’s status as a global leader in cryptocurrency adoption.
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