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Singapore’s largest financial institution DBS units up crypto alternate platform By Cointelegraph

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Singapore’s largest financial institution DBS units up crypto alternate platform

After anticipating its plans in October, DBS, Singapore’s largest financial institution, is establishing a brand new cryptocurrency alternate division referred to as DBS Digital Alternate.

Introduced on Thursday, the enterprise can also be backed by SGX, Singapore’s largest derivatives and asset alternate, which owns a ten% stake within the crypto platform.