The post DBS Bank Tokenizes Structured Notes on Ethereum for Institutional Investors appeared on BitcoinEthereumNews.com. DBS Bank, the largest lender in Singapore and Southeast Asia, has issued tokenized structured notes on the public Ethereum blockchain DBS Bank, the largest lender in Singapore and Southeast Asia, has issued tokenized structured notes on the public Ethereum blockchain. The securities are available to institutional and accredited investors through licensed digital exchanges ADDX, DigiFT and HydraX, marking the first time DBS has offered such products on a public chain. The launch adds to Singapore’s push to develop blockchain-based capital-markets infrastructure and reflects growing institutional use of Ethereum for regulated financial instruments. Separately, DigiFT said it raised US$11 million in a funding round led by Japan’s SBI Holdings to expand its tokenized-asset platform, underscoring investor appetite for on-chain investment products. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/tradfi-and-fintech/dbs-bank-tokenizes-structured-notes-on-ethereum-institutional-investors-17eb7ce0The post DBS Bank Tokenizes Structured Notes on Ethereum for Institutional Investors appeared on BitcoinEthereumNews.com. DBS Bank, the largest lender in Singapore and Southeast Asia, has issued tokenized structured notes on the public Ethereum blockchain DBS Bank, the largest lender in Singapore and Southeast Asia, has issued tokenized structured notes on the public Ethereum blockchain. The securities are available to institutional and accredited investors through licensed digital exchanges ADDX, DigiFT and HydraX, marking the first time DBS has offered such products on a public chain. The launch adds to Singapore’s push to develop blockchain-based capital-markets infrastructure and reflects growing institutional use of Ethereum for regulated financial instruments. Separately, DigiFT said it raised US$11 million in a funding round led by Japan’s SBI Holdings to expand its tokenized-asset platform, underscoring investor appetite for on-chain investment products. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/tradfi-and-fintech/dbs-bank-tokenizes-structured-notes-on-ethereum-institutional-investors-17eb7ce0

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more