DBS Bank's digital exchange is planning to open to retail investors by the end of 2022.

DBS Bank announced at the end of 2020 that in the first quarter of 2021, it would launch a digital exchange for institutions and accredited investors called the DBS Digital Exchange, providing trading, custody, and tokenization services. During a conference call on Monday in 2022, CEO Piyush Gupta revealed plans to bring the service to retail investors by the end of 2022.

DBS Bank announced at the end of 2020 that it would launch a new exchange for institutions and accredited investors in the first quarter of 2021: DBS Digital Exchange, offering trading, custody, and tokenized securities issuance services. During a conference call on Monday in 2022, CEO Piyush Gupta revealed plans to bring the service to retail investors by the end of 2022.

Piyush Gupta stated, "We are starting to work on extending beyond existing investors. This includes ensuring suitability and guarding against scams. We will bring it to the market by the end of this year."

Currently, users of the exchange still need to process cryptocurrency orders through banking intermediaries. Gupta mentioned that in the first half of the year, they will focus on providing online self-service options for users, similar to Binance. However, it is not yet confirmed whether users will be able to freely withdraw digital assets to wallets. In addition, DBS has recently extended trading hours to operate around the clock to align with the cryptocurrency market, as previously the trading services were only available during Singapore banking hours.

According to CoinDesk's interview, Lionel Lim, the CEO of the exchange, stated that the total trading volume in 2021 was approximately $819 million, with $595.5 million in the fourth quarter of 2021. Despite issuing $15 million in tokenized securities in 2021, these regulated products did not receive significant attention.