DBS Exchange Says Bitcoin Trading Surges 80% Amid Crypto Winter
- Bourse has benefited from flight to safety, CEO says
- Security-token efforts were put on hold due to volatility
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DBS Group Holdings Ltd. reported an uptick in Bitcoin trading volume on its digital exchange last year amid a broader decline in cryptocurrency prices.
The number of Bitcoin traded on the DBS Digital Exchange surged 80% last year, while the number in custody as of Dec. 31 more than doubled from a year earlier, according to a statement Wednesday.