DBS Launches Tokenized Structured Notes on Ethereum

DBS, Singapore’s largest bank, has launched its first tokenized structured notes on the Ethereum blockchain, marking a significant move into blockchain finance. These financial instruments, traditionally accessible only to high-net-worth individuals with minimum investments of $100,000, are now fractionalized into $1,000 units, increasing accessibility for accredited and institutional investors. DBS has partnered with licensed digital exchanges ADDX, DigiFT, and HydraX to distribute these tokenized notes, which provide payouts linked to cryptocurrency price movements with built-in downside loss mitigation. This initiative highlights Ethereum's role as a trusted public blockchain infrastructure, enhancing transparency, efficiency, and flexibility for investors managing digital assets. The launch aligns with Singapore’s growing position as a global wealth management hub and reflects increasing institutional demand for digital asset investment products, with DBS clients trading over $1 billion in crypto-linked structured notes in the first half of 2025. DBS plans to expand tokenization beyond crypto-linked notes to other structured products such as equity- and credit-linked notes, signaling a broader adoption of blockchain technology in traditional finance.