DBS Group (Singapore) Reported For the First Quarter
Singapore's largest financial holding reveals financial information about DBS Digital Exchange
In the first three months of 2021, the volume of trading on the platform for institutional investors increased tenfold. To date, this figure is $23-$30 million.
The platform has 120 customers. The company is managed for more than $60 million. The CEO of the holding, in order to increase revenues, suggested shareholders refuse to make a profit until 2022.
Business is actively developing. In the second quarter, DBS Digital Exchange will hold the first STO. It is also reported that Partior blockchain is in development, which DBS is working on together with such well-known financial companies as Temasek and JPMorgan.