DBS to launch digital currency exchange; trading may start as early as next week

Chief executive of Singapore Exchange Loh Boon Chye (left) and DBS chief executive Piyush Gupta. - DBS

SINGAPORE (The Straits Times/ANN): South-east Asia's largest bank DBS will launch a digital currency exchange that will allow investors to trade in cryptocurrencies and firms to raise funds through asset tokenisation.

The crypto exchange is expected to start as early as next week, while the securities platform will be set up in the next few months.