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Daily News Summary 20/10
October 20, 2024

DBS Launches Tokenized Banking Services
Singapore’s largest bank, DBS, has introduced a new blockchain-based service offering, DBS Token Services, aimed at institutional clients. The service is designed to enhance liquidity management and streamline operations. It integrates with the bank’s EVM-compatible blockchain, its core payment system, and several industry payment infrastructures.
Pump.Fun’s New Roadmap
The team behind Solana’s memecoin platform, Pump.Fun, has announced plans for a future token launch, along with the introduction of Pump Advanced, a trading terminal with more advanced features. Pump Advanced will include charts, statistics on the largest holders, filters, and other functionalities. For the first 30 days after launch, there will be a 0% fee for using the platform.