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 advanced monetary merchandise as soon as reserved for its personal shoppers.
DBS mentioned Thursday in a launch that it’ll distribute the devices by native Singapore exchanges ADDX, DigiFT and HydraX, marking its first time providing tokenized merchandise to accredited and institutional traders exterior its personal shopper base.
The debut product is a crypto-linked participation observe 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 custom-made, making them non-fungible.
By tokenizing every instrument into $1,000 models, DBS mentioned 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 traders search to include superior funding methods of their digital asset portfolios, the financial institution mentioned in a launch.
Within the first half of 2025, DBS shoppers executed over $1 billion of trades involving these devices, with commerce volumes rising virtually 60% from Q1 2025 to Q2 2025.
The financial institution sees this as significantly helpful for household workplaces {and professional} traders, which have grown quickly in Singapore. The variety of single-family workplaces within the city-state topped 2,000 in 2024, up 43% yr on yr, it mentioned in a launch.
The transfer comes as Singapore deepens its position as a hub for tokenized finance. The Financial Authority of Singapore (MAS) has been advancing business pilots by Undertaking Guardian, which explores tokenization of belongings throughout mounted revenue, FX and funds, whereas growing cross-border infrastructure like World 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 mentioned it should additionally tokenize extra conventional equity- and credit-linked notes.
“Asset tokenization is the subsequent frontier of economic markets infrastructure,” mentioned Li Zhen, head of overseas change and digital belongings at DBS.
“Our first tokenized product addresses the rising institutional urge for food for digital belongings. With this initiative, a broader phase of traders can now faucet our digital asset ecosystem to construct publicity to the asset class,” Zhen continued.
