DBS’ crypto asset trading platform will support the trading of bitcoin, ether (ETH), XRP and bitcoin cash (BCH) against the yen, and U.S., Singapore, and Hong Kong dollars. The platform could launch as soon as next week. It is 10% owned by Singapore Exchange.
The page—which is not available anymore—read "Digital assets are poised to be the future of tomorrow’s digital economy. [...] With DBS Digital Exchange, a bank-backed digital exchange, companies and investors can now leverage an integrated ecosystem of solutions to tap the vast potential of private markets and digital currencies.”
Bitcoin showed continued strength above $13,000 on October 27 as concerns that a correction was due were met with fresh gains. Data from price trackers including CoinMarketCap showed BTC/USD add to its upward trajectory during trading on Tuesday, climbing to $13,455.
With the announcement on Jan. 16 that three major oil and gas firms including Chevron, Total, and Reliance Industries have joined Vakt, the energy-industry enterprise blockchain company now has five of the 10 largest oil firms by market capitalization on board.
