Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022
The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers. The plans include...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers.
The plans include an online portal that allows clients to place orders for various digital assets, similar to how other crypto exchanges work, DBS CEO Piyush Gupta said during a presentation of the bank’s financial results for the 4th quarter of 2021 today....
Read More: Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Tokenized equities reach $9B in onchain trading volume this year, up 800% from January
The surge in tokenized equity trading highlights a shift towards decentralized, 24/7 markets, challenging traditional trading norm...
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
Cantor Fitzgerald Opens Institutional Block Trading in Kalshi Event Contracts
Cantor Fitzgerald said on Aug. 19 that it has begun arranging institutional block trades in event contracts, making it one of the...
FalconX and Interstice Launch $9T Cross-Chain Engine Linking Canton, Solana and Ethereum
Key Takeaways: Interstice Digital and FalconX rolled out a non-custodial Cross-Chain Swap Engine that connects Canton, Ethereum, S...
Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held
Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 4...
Binance launches Agent OS, letting AI agents trade and pay on its infrastructure
Binance's AI integration could revolutionize trading efficiency and automation, but it raises concerns about user oversight and ri...