DBS banks begins crypto trading next week

[Obi theo]

The DBS bank of Singapore has announced that it will commence crypto trading from next week, but they also say their security token offering may take a month or two to get started
Source :.https://cryptohision.com/2020/12/10/dbs-bank-begins-trading-crypto-next-week/.
 Information about STO security Token Offering
https://www.securities.io/security-token-offerings-sto/.
 What your thoughts on these?
 Is crypto covering more ground than we expected

[Twinkledoe]

Another good news for crypto adoption. They will cover some of the Asian countries working on SGD, JPY and HKD fiat currencies. I am certain, they will get clients that will avail their services. Not many traditional banks are offering that kind of crypto trading services at the moment. So maybe, this is a start from this region, that these traditional banks look into crypto trading services.

[GreatArkansas]

Wtf. This is huge. I am amazed they will provide a tokenized of other securities and assets, tokenized assets is extremely great especially if you are from crypto and started to trade some exchanges that offers tokenized assets or securities.

DBS Digital Exhange will start for the major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash.
I am looking forward for more digital exchange in the future that will do the same with DBS Bank.

Source: DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’

[ranochigo]

It's only available to institutional investors. Having a crypto exchange created by a renowned bank is no doubt significant progress in the adoption of cryptocurrencies but more of the general public are out of reach of the exchange. I wouldn't call it a publicity stunt but it's greatly exaggerated, given most of us probably won't ever see it, let alone use it.