DBS Digital Exchange’s transaction value tripled year-on-year in the first five months of this year, and assets under custody increased by more than
Odaily2024/07/13 04:00
By:Odaily
Odaily News DBS Bank recently stated that the value of digital payment token transactions on its digital exchange increased significantly in the first five months of 2024. DBS Bank detailed: Compared with the same period in 2023, the value of digital payment tokens traded on the DBS Digital Exchange (Ddex) in the first five months of this year (in Singapore dollars) almost tripled, the number of active trading customers increased by 36%, and digital assets under custody by DBS Bank (in Singapore dollars-) soared by more than 80%. DBS Bank explained that this significant growth was attributed to the influx of deposits from customers seeking secure bank-grade trading and custody digital asset platforms. At the same time, the total market value of cryptocurrencies increased by about 50% during the same period. (Bitcoin.com)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sandbox co-founder: India is currently the largest creator market for The Sandbox
Cointime•2024/09/05 04:33
Nigeria Prepares Crypto Tax Proposal Despite Previous Ban
Cointime•2024/09/05 03:42