Singapore’s DBS Bank Rolls Out Ethereum Tokenization as ETH Treasuries Hit $17B

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.

Source: StrategicETHReserve

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.

coingape

Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Source: https://coingape.com/dbs-bank-rolls-out-ethereum-tokenization-as-eth-treasuries-hit-17b/