PANews reported on August 21st that according to CoinDesk, DBS Bank, Singapore's largest bank, announced the issuance of tokenized structured notes on the Ethereum blockchain. These notes are open to qualified and institutional investors on local exchanges ADDX, DigiFT, and HydraX. The first product is a participatory note tied to a cryptoasset, with cash settlement upon price appreciation and loss capping upon price depreciation. The note unit has been reduced from the traditional $100,000 to $1,000, improving liquidity and trading convenience. Trading volume for these products exceeded $1 billion in the first half of 2025, with a nearly 60% quarter-over-quarter increase in the second quarter. DBS plans to expand into equity and credit notes in the future.