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Jump in trading volumes on DBS' digital exchange
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DBS chief executive Piyush Gupta said DDEx will allow the market to provide liquidity and price discovery for tokenised assets.
ST PHOTO: JASON QUAH
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SINGAPORE - DBS Bank's efforts to go big on digital assets are paying dividends.
On Thursday (Nov 11), it announced that the DBS Digital Exchange (DDEx) recorded trading volumes - for the two months since going 24/7 in August - that exceeded total volumes for the first eight months of the year by 40 per cent.
