Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
$DBS (D05.SG)$, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period.
$星展集团控股 (D05.SG)$东南亚最大的银行表示，它从最近的密码市场抛售中受益。与4月份相比，其密码交易所的交易量在7月份几乎翻了一番。在此期间，在其交易所购买的比特币数量增长了近四倍。
DBS Crypto Customers Bought the Dip
星展加密客户购买了Dip
DBS, the largest bank in Southeast Asia by assets, announced Monday that DBS Digital Exchange (Ddex) has benefited as crypto investors sought safety amid market volatility. DBS, headquartered and listed in Singapore, has a presence in 18 markets.
东南亚资产规模最大的银行星展银行周一宣布，由于加密投资者在市场波动中寻求安全，星展数字交易所(DDEX)受益。星展银行总部设在新加坡并在新加坡上市，业务遍及18个市场。
"With the digital asset industry experiencing unprecedented volatility ... DBS' digital asset ecosystem has been a beneficiary of this flight to safety," the bank detailed, elaborating:
“随着数字资产行业经历前所未有的波动……星展银行的数字资产生态系统是这种转向安全的趋势的受益者，”该行详细阐述道：
Investors who believe in the long-term prospects of digital assets are gravitating towards trusted and regulated platforms to access the digital asset market.
相信数字资产长期前景的投资者正被吸引到可信和受监管的平台，以进入数字资产市场。
As investors bought the dip, the total number of trades executed on Ddex in June was more than double that of April, DBS stated, adding that "Buys accounted for over 90% of trades on Ddex in June 2022."
星展银行表示，随着投资者买入DIP，6月份在DDEX上执行的交易总数比4月份增加了一倍多，并补充说，“2022年6月，购买占DDEX交易的90%以上。”
The largest bank in Southeast Asia continued:
这家东南亚最大的银行继续：
The quantity of BTC bought on Ddex in June 2022 was nearly four times that of April 2022. Similarly, the quantity of ETH bought on Ddex in June 2022 was 65% higher than that of April 2022.
2022年6月在DDEX上买入的BTC数量是2022年4月的近四倍。同样，2022年6月在DDEX上购买的ETH数量比2022年4月高出65%。
In addition, DBS revealed that customers are storing more digital assets using its institutional-grade custody solution.
此外，星展银行透露，客户正在使用其机构级托管解决方案存储更多数字资产。
The number of $Bitcoin (BTC.CC)$ under custody as of June 30 grew by about 30% since April 30 while the number of ether (ETH) under custody grew by about 3% during the same time period.
数量$比特币 (BTC.CC)$截至6月30日，被监管的乙醚数量自4月30日以来增长了约30%，而同期被监管的乙醚(ETH)数量增长了约3%。
Meanwhile, DBS noted that its crypto exchange's customer base continued to grow throughout the market volatility. The Ddex exchange "registered a 10% growth in its customer base" as of June 30 as compared to April 30. Moreover, inquiries from corporate and institutional investors also remained strong, the bank said.
与此同时，星展银行指出，在整个市场波动期间，其密码交易所的客户基础继续增长。与4月30日相比，截至6月30日，DDEX交易所的“客户群增长了10%”。此外，该行表示，来自企业和机构投资者的询价也依然强劲。
DBS Digital Exchange CEO Lionel Lim commented, "What we are seeing in the digital asset industry is a great reset as the investment narrative shifts decisively away from the chase for yield," adding:
星展数字交易所首席执行官Lionel Lim评论说：“我们在数字资产行业看到的是一次伟大的重置，因为投资叙事决定性地从追逐收益转向了追求收益。”
Investors today are instead seeking out safe harbours to trade and store their digital assets amid the ongoing market volatility.
相反，如今的投资者正在寻找安全的避风港，在持续的市场波动中交易和存储他们的数字资产。
DBS also noted that it is "on track to roll out self-directed trading for accredited investors in the coming months."
星展银行还指出，“在接下来的几个月里，它将为经过认可的投资者推出自导式交易”。
The bank launched a cryptocurrency exchange in December 2020. It then launched a trust service for cryptocurrencies in May last year, followed by the launch of its first security token offering.
该行于2020年12月推出了一家加密货币交易所。去年5月，该公司推出了一项针对加密货币的信托服务，随后推出了首个安全令牌产品。