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DBS Bank to Launch OTC Bitcoin and Ethereum Options Trading for Institutional Clients in Q4 2024

Sep 17, 2024, 11:19 AM

Singapore's largest and biggest bank, DBS Bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients. The new offerings will include options trading linked to Bitcoin and Ethereum, with the issuance set to begin in the fourth quarter (Q4) of 2024. This move is seen as a significant step in expanding crypto access for big investors and enhancing DBS Bank's financial product portfolio for institutional and accredited wealth clients.