DBS Bank Singapore launches tokenized structured notes on Ethereum

ChainCatcher news, according to CoinDesk, Singapore's largest bank DBS (Development Bank of Singapore) announced the issuance of tokenized structured notes on the Ethereum public chain, open to qualified and institutional investors at local exchanges ADDX, DigiFT, and HydraX.

The first product is a participation note linked to crypto assets, cash-settled on price increases and limiting losses on price decreases. The note unit has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience. In the first half of 2025, the trading volume of related products exceeded $1 billion, with a nearly 60% quarter-on-quarter growth in Q2. DBS will subsequently expand into equity and credit notes.