DBS Adds Tokenized Crypto Notes to Product Shelf
In a move to expand its blockchain capabilities, DBS will tokenize structured notes linked to various asset classes, including cryptocurrencies.
DBS will tokenize structured notes on the Ethereum blockchain to offer accredited and institutional investors, according to a statement. The tokenized notes will be available for both the bank’s clients as well as those on three third-party digital investment platforms and digital exchanges: ADDX, DigiFT and HydraX.
The initial efforts will be focused on token distribution of crypto-linked participation notes across the third-party platforms. The note is structured to provide a cash payout when cryptocurrency prices rise and mitigate potential losses in a decline.
This enables exposure to the digital asset class without any actual ownership. Investors will also benefit from fractionalization with an investment size as low as $1,000 compared to the traditional minimum of $100,000 for structured notes.
Growing Digital Asset Demand
According to DBS, the solution was built to meet growing digital asset demand as investors traded more than $1 billion of crypto options and structured notes in the first half of 2025. In addition, the bank will also tokenize common structured notes such as equity-linked notes and credit-linked notes.
«Asset tokenization is the next frontier of financial markets infrastructure,» commented Li Zhen, head of FX and digital assets, global financial markets, DBS. «Our first tokenized product, a crypto-linked note, also addresses the growing institutional appetite for digital assets. With this initiative, a broader segment of investors can now tap our digital asset ecosystem to build exposure to the asset class.»
