DBS Launches Tokenized Structured Notes on Ethereum, Expanding Investor Access

Singapore’s largest financial institution is extending its blockchain technique by providing tokenized structured notes on the Ethereum public blockchain, in a transfer that broadens entry to advanced monetary merchandise as soon as reserved for its non-public purchasers.

DBS mentioned in a press launch on Thursday that it’s going to distribute the devices by means of native Singapore exchanges ADDX, DigiFT and HydraX, marking its first time providing tokenized merchandise to accredited and institutional buyers exterior its personal consumer base.

The debut product is a crypto-linked participation be aware that pays out in money when digital asset costs rise, whereas limiting draw back publicity.

Structured notes historically carry minimal investments of $100,000 and are sometimes custom-made, making them non-fungible.

By tokenizing every instrument into $1,000 items, DBS mentioned the securities grow to be fungible and simpler to commerce, providing better flexibility for portfolio administration.

Demand for such devices has been robust as buyers search to include superior funding methods of their digital asset portfolios, the financial institution mentioned in a launch.

In the primary half of 2025, DBS purchasers executed over $1 billion of trades involving these devices, with commerce volumes rising virtually 60% from Q1 2025 to Q2 2025.

The financial institution sees this as significantly helpful for household places of work {and professional} buyers, which have grown quickly in Singapore. The variety of single-family places of work within the city-state topped 2,000 in 2024, up 43% 12 months on 12 months, it mentioned in a launch.

The transfer comes as Singapore deepens its function as a hub for tokenized finance. The Monetary Authority of Singapore (MAS) has been advancing trade pilots by means of Project Guardian, which explores tokenization of property throughout fastened earnings, FX and funds, whereas creating cross-border infrastructure like Global Layer One to pool world liquidity.

DBS has been probably the most energetic banks collaborating in these initiatives, usually utilizing permissioned blockchains for pilots earlier than increasing into public chains.

While the preliminary focus is on crypto-linked notes, DBS mentioned it would additionally tokenize extra conventional equity- and credit-linked notes.

“Asset tokenization is the next frontier of financial markets infrastructure,” mentioned Li Zhen, head of overseas change and digital property at DBS.

“Our first tokenized product addresses the growing institutional appetite for digital assets. With this initiative, a broader segment of investors can now tap our digital asset ecosystem to build exposure to the asset class,” Zhen continued.