DBS, Singapore’s largest bank, is launching tokenized structured notes on Ethereum. Investors once needed $100,000 to join, but now shares will start at just $1,000. These notes will be available through digital platforms like ADDX, DigiFT, and HydraX.
Structured notes mix bonds with derivatives. They can protect capital while tying returns to assets like stocks or crypto. They are complex, but banks pitch them as a middle ground between safety and growth.
DBS says demand for crypto-linked structured notes is surging. Over $1 billion in trades were made in the first half of 2025, with volumes jumping 60% from Q1 to Q2.
The first wave of notes will pay cash if crypto prices climb, letting investors gain exposure without holding coins directly. DBS also plans notes tied to equity and credit.
Li Zhen, DBS’s Head of FX and Digital Assets, said tokenization is becoming the “next frontier” in finance. He noted DBS has been building this ecosystem since 2021, working with regulators and partners to keep markets secure and open.
Singapore’s rise as a wealth hub is boosting the demand for digital finance, with family offices and institutional investors looking to diversify through blockchain.


