DBS Bank Singapore Launches Asia’s First Direct Crypto Offering To Clients
- Date: 15-May-2021
- Source: Yahoo News
- Sector:Financial Services
- Country:Middle East
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.