DBS Bank Singapore Launches Asia’s First Direct Crypto Offering To Clients

DBS Bank Singapore Launches Asia’s First Direct Crypto Offering To Clients

Asia’s largest bank has moved to offer its wealthiest clients direct access to cryptocurrencies.

What Happened: Singapore-based DBS Group Holdings Ltd (SGX: D05) announced they would allow its private banking clients to invest in Bitcoin, Ether, Bitcoin Cash, and XRP.

According to a report from Bloomberg, the offering will allow private banking clients to invest and manage these assets in a safe, secure, and structured manner, DBS Group Holdings Ltd.