The framework could potentially enable round-the-clock transfers of tokenized deposits across public and permissioned blockchain networks.
DBS said the deal involved trading cash-settled OTC bitcoin and ether options.
Ripple is expanding its role in digital asset infrastructure through a new partnership with DBS Bank and Franklin Templeton, according to a Sept. 18 announcement. According to the firm, the collaboration introduces trading and lending tools built around tokenized collateral and stablecoins, marking a push to bridge traditional markets with blockchain-based liquidity. The initiative is […]
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DBS Bank has collaborated with Franklin Templeton and Ripple to develop trading and lending solutions using tokenized money market funds and the RLUSD stablecoin.
DBS is considering allowing holders of Franklin Templeton's money market fund to pledge their tokens as collateral to borrow funds.
Its first token distribution involves crypto-linked notes that are designed to provide investors with a payout when crypto prices rise.
The launch builds on Singapore’s Project Guardian tokenization pilots, with DBS moving from permissioned blockchains to Ethereum’s public network as banks test how tokenized assets will scale across global markets.
Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). Related Reading: 7 Days To Go: Paxos CEO Pushes Harris And Trump For Clearer […]
Blockchain analytical platform Nansen said Singapore’s largest bank, DBS, is an Ethereum whale after identifying a wallet purportedly belonging to the financial institution. In a May 30 social media post, Nansen claimed DBS holds approximately 173,753 ETH, valued at $648 million, in the wallet address “0x9e927c02c9eadae63f5efb0dd818943c7262fb8e.” It added that the bank had made over $200 […]
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