Global regulatory progress, including key legislation like the USA’s Genius Act and new laws in Singapore, Hong Kong, and the MENA region, has brought much-needed clarity to the digital asset space. This improved oversight has prompted banks like DBS to position themselves as secure, regulated exchanges where investors can safely access the growing $4 trillion digital market.
According to David Hui of DBS Digital Exchange (DDEx), governments and central banks are stepping in to protect investors. This trend is crucial for institutional investors, who are now using vehicles like Exchange-Traded Funds (ETFs) to simplify access to assets like Bitcoin and Ethereum. Bitcoin ETFs alone now hold $153 billion in AUM. Hui noted that ETFs are an effective on-ramp for institutions because they are a familiar security vehicle that eliminates the technical complexity of direct crypto custody.
DBS’s own platform, DDEx, provides comprehensive services, allowing clients to convert digital assets directly to fiat currency, trade against fiat, and utilize services like asset tokenization. The broader institutional interest is also driven by real-world applications, such as using stablecoins for remittance and trade finance.
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