Singapore's 🇸🇬 largest bank, DBS
$D05 (-0.51%) will start over-the-counter trading of Bitcoin
$BTC (+1.24%)- and Ethereum
$ETH (-0.05%)-options and structured products for institutional investors and wealthy private clients.
This is DBS the first bank Asian bankto offer financial products whose value is linked to the price of Bitcoin and Ethereum is linked.
From the fourth quarter 2024, eligible clients will be able to trade options and structured products to either earn returns in fiat-currencies or the underlying cryptocurrency. cryptocurrency receive.
Customers can also hedge their positions against market fluctuations and potentially generate returns.