Singapore’s largest financial institution is extending its blockchain technique by providing tokenized structured notes on the Ethereum public blockchain, in a transfer that broadens entry to complicated monetary merchandise as soon as reserved for its non-public shoppers.
DBS stated Thursday in a launch that it’s going to distribute the devices by way of native Singapore exchanges ADDX, DigiFT and HydraX, marking its first time providing tokenized merchandise to accredited and institutional buyers outdoors its personal consumer base.
The debut product is a crypto-linked participation notice that pays out in money when digital asset costs rise, whereas limiting draw back publicity.
Structured notes historically carry minimal investments of $100,000 and are sometimes personalized, making them non-fungible.
By tokenizing every instrument into $1,000 models, DBS stated the securities turn out to be fungible and simpler to commerce, providing larger flexibility for portfolio administration.
Demand for such devices has been robust as buyers search to include superior funding methods of their digital asset portfolios, the financial institution stated in a launch.
Within the first half of 2025, DBS shoppers executed over $1 billion of trades involving these devices, with commerce volumes rising nearly 60% from Q1 2025 to Q2 2025.
The financial institution sees this as significantly helpful for household workplaces {and professional} buyers, which have grown quickly in Singapore. The variety of single-family workplaces within the city-state topped 2,000 in 2024, up 43% 12 months on 12 months, it stated in a launch.
The transfer comes as Singapore deepens its function as a hub for tokenized finance. The Financial Authority of Singapore (BUT) has been advancing trade pilots by way of Venture Guardianwhich explores tokenization of property throughout mounted earnings, FX and funds, whereas growing cross-border infrastructure like International Layer One to pool world liquidity.
DBS has been one of the crucial lively banks collaborating in these initiatives, usually utilizing permissioned blockchains for pilots earlier than increasing into public chains.
Whereas the preliminary focus is on crypto-linked notes, DBS stated it is going to additionally tokenize extra conventional equity- and credit-linked notes.
“Asset tokenization is the subsequent frontier of monetary markets infrastructure,” stated Li Zhen, head of international alternate and digital property at DBS.
“Our first tokenized product addresses the rising institutional urge for food for digital property. With this initiative, a broader section of buyers can now faucet our digital asset ecosystem to construct publicity to the asset class,” Zhen continued.
