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DBS eyes expansion into stablecoins, crypto staking
The digital-asset exchange of Singapore’s largest listed bank is looking to attract more investors by beefing up what it offers, including a stablecoin listing and yield-earning or staking services to its fold. DBS Digital Exchange (DDEx) chief executive Lim Wee Kian, 56, told The Straits Times in his first media interview since he started in November 2023 that the plans, based on customer demands, are still in their infancy. “We are closely studying one of the largest stablecoins by market capitalisation from an issuer that is licenced in several jurisdictions. We will be guided by our clients’ requirements, ... (full story)
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- Posted: Jul 10, 2024 3:09am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 151
