During the year, the number of Bitcoin that was custodised with DBS as at Dec 31, 2022, more than doubled, while the number of Ether custodised grew over 60% in the FY2022.
The DBS Digital Exchange (DDEx) has reported an 80% y-o-y growth in the number of Bitcoin that was traded on the exchange in 2022. At the same time, the number of Ether traded was nearly 65% higher y-o-y.
Overall, the exchange observed a nett buy position with its customers throughout the second half of the year. There were no major selloffs in 2022, it added.
