Ericsenz Capital has successfully completed Asia’s first physically deliverable Bitcoin Dual-Currency Note (BTC DCN), marking a significant milestone in digital asset investment products. Launched in December 2025 and distributed by SBI Digital Markets, the three-month BTC DCN allowed investors to earn a 20% annualised coupon by committing to purchase Bitcoin at a predetermined strike price below market levels.
The completion of this transaction highlights the growing institutional interest in digital assets, as asset managers, banks, and professional investors increasingly seek investment solutions that blend digital asset exposure with traditional capital market infrastructure. The BTC DCN was designed to bridge the gap between traditional finance and digital assets, offering Bitcoin exposure through a structured investment framework compatible with institutional custody and recognised settlement processes.
Datuk Ashley Choo, CEO of Ericsenz Capital, stated, “The successful completion of this transaction demonstrates that digital asset investment products can be structured, distributed and settled within frameworks compatible with institutional capital markets.” SBI Digital Markets, acting as the distributor, provided access to accredited and institutional investors.
CK Ong, Acting CEO of SBI Digital Markets, noted, “Institutional demand for digital asset investment opportunities continues to develop alongside the broader market infrastructure supporting the sector.”
The transaction involved multiple institutional participants, with Ericsenz Capital as the product designer and SBI Digital Markets as the distributor. The initiative reflects Ericsenz Capital’s strategy to expand its digital asset offerings, integrating digital assets with traditional market infrastructure.
