DBS eyes expansion into stablecoins, crypto staking


Lim said he aims to grow the depth of the exchange to make it a better marketplace for trading. — The Straits Times

SINGAPORE: 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.

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