DBS Bank, Singapore's largest banking group, has announced the launch of tokenized structured notes on the Ethereum blockchain, aimed at broadening access for institutional investors.
Transition to Public Blockchain
This initiative represents a significant shift in DBS's strategy, moving from private to public blockchain use. This enhances liquidity and market accessibility for complex financial instruments.
Accessibility for Institutional Investors
The tokenized structured notes will be distributed through regulated digital exchanges in Singapore, such as ADDX and HydraX, simplifying access to advanced financial products. The notes will be available in $1,000 units.
Future of Tokenization and Blockchains
DBS's initiative aligns with the Monetary Authority of Singapore's tokenization roadmap. While no new policies have been introduced at launch, there is a noticeable increase in interest from institutional investors.
The launch of tokenized structured notes on Ethereum by DBS Bank may alter market access dynamics and continue the development of public blockchains in the financial sector.
