Singapore’s DBS Group doubled the number of members of its new cryptocurrency trading platform to 1,000 by the end of December, 20-30% annually over the next three years as digital tokens become accepted. Expected to increase.
DBS Digital Exchange, founded in December as a members-only stock exchange, saw strong demand from investment firms managing the property of corporate investors, certified individuals and wealthy families, in an interview with senior DBS executives. Said that.
“We are growing very fast. Investors are gradually exploring cryptocurrencies and digital assets,” said DBS, the capital market manager and trading director of DBS, the largest bank in Southeast Asia for assets. The chair of the office, Eng-Kwok Seat Moey, said.
DBS’s entry into the crypto business has led CEO Piyush Gupta to invest billions of dollars in upgrading its technology infrastructure over the last eight years of adopting cloud computing and digitizing services. After inducing.
