Southeast Asia’s Largest Bank, DBS Starts Offering Trust Services for Cryptocurrencies

Singapore-based DBS Bank said on Friday that its private banking arm is now officially offering wealth succession planning for cryptocurrencies. This latest move by Southeast Asia’s largest bank follows the launch of its crypto exchange, DBS Digital Exchange, for institutional and accredited investors late last year. In Q1, the digital exchange held $80 million in […]

Read More

Huobi Launches $100M Subsidiary to Grow Investment Portfolio

The leading global blockchain asset financial service provider Huobi has unveiled a venture unit focused on acquisition and merger deals. Seychelles-based crypto exchange, Huobi, yesterday launched a subsidiary with a war chest of $100 million to be deployed in different blockchain projects. The subsidiary arm, Huobi Ventures, will help expand the company’s investment portfolio by […]

Read More

The Crypto Space Has a Centralization Problem, and it’s Not What You Think

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It is a curious thing to see an ecosystem, designed to be decentralized and self-governing, clinging onto every word coming from established figures. The crypto space may rely on a decentralized blockchain to provide […]

Read More