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Will DBS Token Services generate over SGD 1 billion in transactions by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
DBS Bank's financial disclosures or industry reports
Story
Singapore's Largest Bank DBS Launches Token Services for Blockchain-Based Banking
Oct 18, 2024, 11:49 AM
DBS Bank, the largest bank in Singapore by assets under management (AUM), has introduced a new suite of services called 'Token Services'. This initiative aims to enable blockchain-enabled banking for institutional clients. The launch of Token Services marks a significant step in DBS Bank's continued development of blockchain-based options, reflecting the bank's commitment to leveraging advanced technology for financial services.
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Less than 1 million • 33%
1 million to 5 million • 34%
More than 5 million • 33%
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Yes • 50%
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Less than $1 billion • 25%
$1 billion to $1.5 billion • 25%
$1.5 billion to $2 billion • 25%
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Financial Services • 25%
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