Singapurs DBS Bank introduces crypto options and structured bonds in the fourth quarter of 2024
Singapurs DBS Bank introduces crypto options and structured bonds in the fourth quarter of 2024

- DBS Bank will introduce an OTC cryptooption trade with link to BTC and ETH in the fourth quarter of 2024.
- customers can secure themselves against volatility through options and structured bonds.
- DBS continues to integrate blockchain and web3 for institutional access.
DBS Bank in Singapore wants to introduce the out-of-the-counter (OTC) trade in crypto options and structured bonds in the fourth quarter of 2024.
This initiative aims to meet the needs of institutional customers who are looking for opportunities to manage the volatility of important digital assets such as Bitcoin (BTC) and Ethereum (ETH), the two of the largest cryptocurrencies after market capitalization.
crypto options and structured bonds of DBS
According to DBS, customers who want to invest in cryptocurrencies can now do this via the option trade and structured bonds.
A crypto option contract derives its value from the price of the underlying digital currencies. It enables dealers to buy or sell the right, but not the obligation to buy or sell an asset at a prior priority at a future time.
By buying put options, for example, customers can secure the opportunity to sell Bitcoin at a fixed price, regardless of the market conditions at the time of execution, and thus offer protection against price returns. This flexibility is particularly useful for investors who want to control the volatility of their crypto portfolios.
In addition to options, DBS will offer structured bonds. These are bonds, the return of which is linked to the performance of the underlying assets.
structured bonds offer investors more individual options. They enable them to benefit from market movements and at the same time to reduce the risk through tailor -made financial products.
DBS extends its digital asset services
The new offer from DBS announced on September 17, 2024 will provide institutional investors access to advanced financial products that are linked to BTC and ETH.
These products, which include crypto option contracts and structured bonds, should give investors the opportunity to secure themselves against the market fluctuations that have shaped the cryptocurrency sector in the past.
With this step, DBS extends its digital asset services to more demanding strategies and thus takes into account the growing demand for institutional access to digital asset.
According to Jacky Tai, the group leader for trade and structuring at DBS, institutional customers are investing more and more money in digital assets, and this expansion offers you a new channel to integrate advanced strategies into your portfolios.
The obligation of DBS to offer "trustworthy institutional access" to digital assets is in line with its more comprehensive mission, blockchain technology and web3 infrastructure to integrate into its financial services.
While Singapore is still a leader in the worldwide use of digital assets, DBS Bank remains at the top and uses regulatory support and technological innovation to provide its customers state -of -the -art solutions.
Source: Coinlist.me
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