DBS Bank Introduces DBS Token Services to Revolutionize Institutional Banking
10/18/24, 7:47 AM
Location
singaporeIndustry
banking
financial services
Type
partnership
DBS Bank has introduced DBS Token Services, a suite of banking services that integrate tokenization and smart contract-enabled capabilities with its existing banking services. The introduction aims to unlock new transaction banking capabilities and operating efficiencies for its institutional clients, enabling instant, 24/7 real-time settlement of payments and providing programmability for institutions to govern the use of funds according to predefined conditions.
Company Info
Location
singapore, southeast asia, singapore
Additional Info
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.