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 purchasers.
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 exterior its personal consumer 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 items, DBS stated the securities turn out to be fungible and simpler to commerce, providing better flexibility for portfolio administration.
Demand for such devices has been sturdy 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 purchasers 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 notably 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% yr on yr, it stated in a launch.
The transfer comes as Singapore deepens its function as a hub for tokenized finance. The Financial Authority of Singapore (MAS) has been advancing trade pilots by way of Challenge Guardian, which explores tokenization of belongings throughout fastened earnings, FX and funds, whereas growing cross-border infrastructure like International Layer One to pool international liquidity.
DBS has been one of the energetic banks taking part 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 following frontier of economic markets infrastructure,” stated Li Zhen, head of overseas trade 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 buyers can now faucet our digital asset ecosystem to construct publicity to the asset class,” Zhen continued.
