November 29, 2024
By Our Correspondent
DBS Hong Kong has recently announced, as reported by PANews, that clients of its Treasures and Private Banking Treasures services can now trade cryptocurrency ETFs via the DBS Digibank application. This initiative represents a notable advancement in the bank’s offerings related to digital assets.
Additionally, the bank has launched a process for clients to confirm their knowledge of virtual assets. This initiative is part of DBS Hong Kong’s comprehensive strategy to incorporate digital assets into its financial services, responding to the increasing interest in cryptocurrencies among its customers.
To be eligible for a DBS Treasures account, clients are required to maintain a minimum deposit of HKD 1 million, while the Private Banking Treasures account necessitates a minimum deposit of HKD 8 million.
These stipulations underscore the bank’s commitment to catering to high-net-worth individuals who are looking to diversify their investment portfolios with digital assets.
