DBS Token Services introduces a next-gen suite of banking services designed to enable 24x7, programmable, secure, and instantaneous value transfer, transforming how money and assets work with tokenisation and smart contracts. It powers a diverse range of capabilities – from optimising liquidity management and fortifying institutional payment controls to enhancing consumer rewards and unlocking new investment opportunities in financial markets. By embedding security, compliance and resilience at the core of this transformative technology, we enable our clients to act with speed, capture opportunities, and thrive with confidence in an always-on digital economy.

Treasury Tokens enables instant, multi-currency liquidity management across multiple markets, addressing traditional treasury challenges such as cut-off timings and non-banking hours. The solution significantly accelerates intra-group value movement, reducing settlement times from days to seconds. With this enhanced speed and efficiency, corporate treasurers gain greater visibility and predictability in an increasingly real-time world.

Read more about our related client solutions here.

DBS’ programmability capability holds the potential for clients to define utilisation conditions of their funds through smart contracts. This could enable automated payments upon meeting specific conditions, streamlining operational workflows and enhancing governance and visibility.

Read more about our related client solutions here.

Programmable Rewards aims to develop a new, efficient way to create custom digital vouchers that can be spent at a variety of merchants. These vouchers deliver unique and rewarding experiences to end consumers, while also being easy for merchants to adopt with integrated settlement.

Its integration with DBS Paylah! creates a dynamic ecosystem connecting millions of users with merchants across Singapore to drive impactful and cost-effective digital engagements.

Read more about the first iteration, the DBS Rewards Flexi eVoucher here.

DBS is revolutionising access to digital assets by tokenising structured notes, making them available to a wider pool of accredited and institutional investors via Public Ethereum blockchain. This expansion builds on DBS' established digital asset ecosystem, offering a regulated and secure gateway for investors to participate in the growing digital asset economy. By leveraging DBS’ strong credit ratings and expertise in real-world asset tokenisation, these structured notes will provide opportunities for investors to hedge against market volatility and potentially enhance yield. With the added benefit of fractional ownership and secondary market trading capabilities, investors can now subscribe and trade in denominations as low as $1,000.  

Our offerings in DBS Token Services is a culmination of our multi-year industry efforts and experimentations, such as Project Ubin, Project Orchid, Project Guardian.

To find out more about our related industry engagements, refer to our Future of Payments page.