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14-09-2021, 07:40 AM
TECHNOLOGY NEWS
SEPTEMBER 13, 20214:08 PM UPDATED 16 HOURS AGO
By Anshuman Daga
SINGAPORE (Reuters) - Singapore’s DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital tokens gain acceptability.
In an interview, DBS’s senior executives said DBS Digital Exchange, set up in December as a members-only bourse, is seeing robust demand from corporate investors, accredited individuals and investment firms that manage the fortunes of wealthy families.
“We are growing very rapidly. Investors are gradually exploring cryptocurrencies and digital assets,” said Eng-Kwok Seat Moey, head of capital markets at DBS, Southeast Asia’s largest bank by assets, and chairperson of the exchange.
More at: https://www.reuters.com/article/dbs-digi...SKBN2G90JQ
SEPTEMBER 13, 20214:08 PM UPDATED 16 HOURS AGO
By Anshuman Daga
SINGAPORE (Reuters) - Singapore’s DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital tokens gain acceptability.
In an interview, DBS’s senior executives said DBS Digital Exchange, set up in December as a members-only bourse, is seeing robust demand from corporate investors, accredited individuals and investment firms that manage the fortunes of wealthy families.
“We are growing very rapidly. Investors are gradually exploring cryptocurrencies and digital assets,” said Eng-Kwok Seat Moey, head of capital markets at DBS, Southeast Asia’s largest bank by assets, and chairperson of the exchange.
More at: https://www.reuters.com/article/dbs-digi...SKBN2G90JQ
