"Singapore's DBS Bank received an additional 2,000 ETH from Galaxy Digital… holdings expand"
Minseung Kang
Summary
- Singapore's largest bank, DBS Bank, said it received 2,000 Ethereum (ETH) from Galaxy Digital.
- The deal increased DBS Bank's total Ethereum holdings to approximately 158,770, with a valuation of about 499 million dollars.
- DBS Bank's Bitcoin (BTC) holdings were also reported at 7,861, about 706.5 million dollars.
Singapore's largest bank, DBS Bank, has further increased its Ethereum (ETH) holdings.
On the 15th, according to virtual asset (cryptocurrency) analysis account The Data Nerd, DBS Bank recently received an additional 2,000 Ethereum (ETH) from Galaxy Digital. The amount was valued at approximately 6.27 million dollars.
After this additional receipt, DBS Bank's total Ethereum holdings amount to 158,770, with a valuation of approximately 499 million dollars. Its Bitcoin (BTC) holdings also total 7,861, which is estimated at about 706.5 million dollars.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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