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DBS Bank will tokenize structured notes on Ethereum for institutional investors.
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First product is a crypto-linked note with payouts tied to market performance.
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Distribution through ADDX, DigiFT, and HydraX platforms.
Launch of Tokenized Notes
Singapore’s DBS, the country’s largest bank, announced Thursday it will tokenize structured notes on Ethereum. These products will be distributed through ADDX, DigiFT, and HydraX, making them accessible to accredited investors.
First Product: Crypto-Linked Notes
The initial tokenized notes are linked to crypto prices, paying out when prices rise and offering partial protection if they fall. Structured notes are usually large-ticket products, but tokenization reduces the entry threshold by breaking them into $1,000 units.
Growing Demand
DBS says the move responds to rising institutional interest in digital assets. Singapore has more than 2,000 family offices, making it a growing hub for tokenized wealth management.
Future Offerings
Beyond crypto-linked notes, DBS plans to tokenize equity- and credit-linked notes. In the first half of 2025, its clients traded over $1 billion worth of crypto-linked structured notes.
