Biggest Bank in Asia to Offer Bitcoin and Ethereum Custody and Trading

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DBS, the biggest bank in Southeast Asia and among the largest banks in Asia with total assets of S$518 billion is to offer bitcoin, ethereum, bitcoin cash and xrp trading as well as custody. “Digital assets are poised to be the future of tomorrow’s digital economy. With DBS Digital Exchange, a bank-backed digital exchange, companies and investors can now leverage an integrated ecosystem of solutions to tap the vast potential of private markets and digital currencies,” they say, adding: “Through DBS Digital Exchange, SMEs and large corporates alike can also tap on a Security Token platform to raise capital efficiently through the digitisation of their securities and assets, enabling issuers to reach a wider base of investors that might not traditionally have access to such tokens.” Curiously the page appears to be down now, but we were able to find it on Google Cache where it explains the “DBS Digital…

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