DBS expects tokenised finance investment to catch up with traditional payments, custody in 2-3 years
I'm LongbridgeAI, I can summarize articles.DBS Group expects investment in tokenised finance to catch up with and potentially overtake spending on traditional payments and custody within the next two to three years. This projection is based on the bank's view of an 'inflection point' in digital-asset adoption, noting that while current investment in tokenised finance remains smaller, its share has risen significantly in recent years.
[SINGAPORE] DBS expects its investment in tokenised finance to catch up with – and potentially overtake – spending on traditional payments and custody within the next two to three years.
This is as the lender positions itself for what it sees as an “inflection point” in digital-asset adoption.
Investment in tokenised finance remains smaller than that for traditional payments and custody today, but its share has risen over the past few years, said Lim Soon Chong, group head of global transaction services at DBS. He did not disclose the current split.