​Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2 | Crypto Bubble

​Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec

DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.

Singapore megabank DBS is among the few companies worldwide that reaped major benefits from massive crypto industry collapses in 2022.

DBS Digital Exchange, DBS Bank’s institutional crypto trading platform, saw a significant increase in Bitcoin trading volumes last year. According to DBS Digital Exchange CEO Lionel Lim, the amount of Bitcoin that DBS stored for its clients more than doubled in 2022 compared to the previous year.