DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether.
The DBS digital asset exchange currently supports the trading of four cryptocurrencies — bitcoin, bitcoin cash, ether, and XRP. Previously, crypto trading on the exchange was limited to corporate and institutional investors, family offices, and the bank’s private wealth management clients.
Investors who believe in the long-term prospects of digital assets are gravitating towards trusted and regulated platforms to access the digital asset market.
The bank also recently entered the metaverse by partnering with The Sandbox.