While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.
Singapore’s DBS Bank will launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients.
On Sept. 17, the bank announced that it would continue to offer financial products linked to the price of Bitcoin (BTC) and Ether (ETH), the two biggest digital assets by market cap.
DBS said that starting in the fourth quarter of 2024, clients who want exposure to these crypto assets can invest in the assets through options trading and structured notes.
