The post Singapore’s Biggest Bank DBS Launch First Tokenized Structured Notes on Ethereum appeared first on Coinpedia Fintech News
DBS, Singapore’s biggest bank, has taken another step into blockchain finance by launching its first tokenized structured notes on the Ethereum network, marking its first move onto a public blockchain.. This move opens up investment products that were once limited to the very wealthy.
DBS Introduces Tokenized Structured Notes
In a recent press release, DBS has announced that it will put structured notes on the Ethereum blockchain for eligible investors. Traditionally, structured notes at DBS are reserved for were exclusive to high-net-worth individuals, often requiring a $100,000 minimum investment.
But DBS is changing the game.
With tokenization, each instrument has been broken down into $1,000 units, making them fungible and more accessible. This makes them easier to buy, sell, and trade, while also allowing investors to manage their po
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