Ethereum climbed back to the $4,300 zone as the largest Singaporean bank hints at tokenized notes on the network.
This time, Ethereum’s (ETH) latest price surge is finding a new bullish catalyst in Singapore.
Institutions in Singapore Now Have Access to Ethereum
DBS, the country’s largest bank, has rolled out tokenized structured notes directly on the Ethereum public blockchain. This generates significant institutional interest in the largest altcoin and its network.
Singapore’s largest bank, DBS, has announced the issuance of tokenized structured notes on the Ethereum public blockchain, available to qualified and institutional investors through local exchanges ADDX, DigiFT, and HydraX. The first product is a participatory note linked to…
— Wu Blockchain (@WuBlockchain) August 21, 2025
Institutional investors in Singapore, one of the largest economies in the world, can access the tokenized notes via leading local exchanges ADDX, DigiFT, and HydraX.
Singapore’s economy has been rising strongly with its tech-savvy population. Data shows that the country’s gross domestic product rose from $308 billion in 2014 to over $547 billion in 2024.
According to the report, this product is a crypto-linked participatory note that pays users in cash if crypto prices go up, but also limits how much they can lose if prices drop.
Each note is sold in $1,000 units, which makes them easier to trade and more attractive to family offices and professional investors.
Ethereum Price Today
At this point, Ethereum gained 3% in the past 24 hours and is trading at $4,310 at the time of writing. The leading altcoin currently has a market cap of $520 billion.
The rise comes after ETH dropped to a local low of $4,100 on Aug. 20 due to increased fear, uncertainty, and doubt, also called FUD among the community.
With the latest Singapore-based development, a deeper institutional interest is expected to enter the cryptocurrency market.
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