DBS Bank, Singapore’s largest financial institution, has launched tokenized structured notes on the Ethereum blockchain, signaling a major advancement in merging traditional finance with blockchain technology. This innovative product gives investors crypto-linked exposure with reduced risk, offering cash returns when digital asset prices rise, while also providing mechanisms to protect against downside losses.

Unlike conventional structured notes, which usually require minimum investments of $100,000 and lack easy tradability, these tokenized notes can be purchased in $1,000 units. This makes them more accessible and liquid, allowing a broader set of accredited and institutional investors to participate. Trading is facilitated through leading local platforms including ADDX, DigiFT, and HydraX, extending distribution well beyond DBS’s typical client base.

The shift from private, permissioned blockchains to the public Ethereum network allows for greater fungibility of these products, enhancing liquidity and enabling secondary market trading. In the first half of 2025, DBS reported over $1 billion in trades of tokenized investment products, with demand surging by nearly 60% in the second quarter alone.

This move supports Singapore’s ambition to be a global hub for tokenized finance and aligns with broader trends as major financial institutions adopt blockchain for efficiency, scalability, and risk reduction. DBS also announced plans to expand its tokenized offerings into equity- and credit-linked products, further broadening investor access to a new era of digital finance.