Singapore's DBS Bank Launches Tokenized Structured Notes on Ethereum

Open to accredited and institutional investors on Singapore's local exchanges ADDX, DigiFT, and HydraX, the first product is a participatory note pegged to a cryptoasset, with cash settlement upon price appreciation and loss capping upon price decline. The note unit has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience.