DBS Bank to Launch OTC Crypto Options and Structured Notes Linked to Bitcoin by Q4 2024

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$7,280,333,387.94

24h H/L

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Change: $827.99 (1.29%)

Long/Short

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Long: 60.8%Short: 39.2%

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Resistance 1$65,606.44

Price$64,866.01

Support 1$64,528.62

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Support 3$57,800.19

Pivot (PP):$64,656.60

Trend:Uptrend

RSI (14):55.2

According to a recent report by Cointelegraph on September 17, DBS Bank is poised to introduce over-the-counter (OTC) crypto options trading and structured notes targeting institutional investors. In addition, DBS Bank will persist in offering financial products tied to Bitcoin and Ethereum. Although the exact timeline remains unspecified, the bank has indicated that these innovative cryptocurrency offerings are slated for launch in the fourth quarter of 2024. This strategic move underscores DBS Bank’s commitment to expanding its presence in the burgeoning digital asset market.

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