Highlights
- DBS Bank to issue structured notes on Ethereum, a first for Singapore’s largest bank.
- Notes will be tokenized into $1,000 fungible tokens, lowering barriers for institutional investors
- Ethereum treasuries surge to $17 billion, representing 4.1 million ETH (3.39% of supply).
DBS Bank has announced it will begin issuing structured notes on the Ethereum blockchain. This comes after the total valuation of the ETH treasury crossed the $17 billion mark.
DBS Bank Launches Tokenized Ethereum Structured Notes
In a recent press release, Singapore’s biggest bank, DBS, has unveiled plans to issue structured notes via the Ethereum blockchain. This is an important step in tokenized finance. The bank will let accredited and institutional investors access advanced financial products.
The structured notes will be available on digital platforms like ADDX, DigiFT, and HydraX. Normally, structured notes need a minimum investment of $100,000. They are tailored to meet specific investor needs, making them hard to sell and non-fungible. With tokenization, DBS will issue tokens worth $1,000 each, making these products easier to trade.
Tokenizing cryptocurrency-linked participation notes for its initial offering will expose investors to digital assets. Investors would not require direct ownership of cryptocurrencies. These notes are designed to generate payouts when crypto prices rise, while including downside protection against potential losses.
In addition to cryptocurrency, DBS intends to expand its ecosystem of digital assets by tokenizing notes linked to credit and equity. Li Zhen, DBS’s Head of Foreign Exchange and Digital Assets, underlined how important this development is.
“Asset tokenisation is the next frontier of financial markets infrastructure. Since 2021, DBS has been scaling this ecosystem by fostering responsible innovation, enabling tokenisation to meet real market demand and make financial markets more efficient and accessible,” he shared.
The move comes after DBS launched crypto-linked structured notes exclusively for its clients in 2024. In the first half of 2025, trading in these instruments surpassed $1 billion. This was a 60% increase from the previous quarter.
ETH Treasuries Hit $17 Billion Valuation
DBS Bank’s announcement coincides with a surge in ETH treasury holdings. Over 4.1 million ETH are held by entities collectively, according to data from StrategicETHReserve. This is worth $17 billion and accounts for 3.39% of the entire supply.
BitMine Immersion Technologies leads the way, holding about 1.5 million ETH worth $6.6 billion. The company recently bought 52,475 ETH for $220 million, adding to its strong portfolio. This change in strategy is significant because the firm usually focuses on Bitcoin mining.
SharpLink Gaming comes in second, with 740,760 ETH valued at $3.2 billion after a big purchase earlier this month. The Ether Machine now has 345,400 ETH after raising $97 million. The Ethereum Foundation also keeps 231,600 ETH in its treasury.
The rise in ETH held by these businesses and the DBS Bank’s plan demonstrate Ethereum’s potent position as a top blockchain for financial infrastructure.
- SOL Rises as Nasdaq-listed Forward Completes $1.65B Raise For Solana Treasury
- Breaking: U.S. CPI Inflation Rises To 2.9% YoY, Bitcoin Reacts
- Over $4 Billion in Bitcoin and Ethereum Options Expiring After US CPI
- South Korea Ends 2018 Ban on VC Investments in Crypto Firms
- Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?
- ETH Price Prediction As Bitmine and SharpLink Continue ETH Buying Spree- Analyst Predicts $7K Next
- AVAX Price Prediction as Avalanche $1B Treasury Gains Momentum – Is $55 in Sight?
- Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
- SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
- Can Dogecoin Price Hit $1 as Derivative Volume Jumps Ahead of DOGE ETF Launch