UpdatesSep 08, 2022

SEBA Bank is launching Ethereum Staking

Swiss bank favoring cryptocurrencies bets on ETH!

SEBA Bank, a well-known and leading global cryptocurrency bank whose overarching goal is to be a bridge to the global digital asset economy with a package of fully regulated banking services, today launched Ethereum staking services for its clients. It is an institutional offer that enables its clients to earn money from staking Ethereum, which is the second largest cryptocurrency in terms of overall market capitalization.

SEBA Bank decided to add the Ethereum staking service to its offer due to the constant and growing demand from institutions and individual clients to manage a number of digital asset use cases, from staking to decentralized finance (DeFi).

The platform created by SEBA bank was designed to manage staking, providing a safe, comprehensive and fully optimized tool for a wide range of customers of this bank. The system developed at the request of the bank is designed to generate rewards from investments in Proof-of-Stake (PoS) cryptocurrency networks.

SEBA bank continues to expand its offer for customers

The new SEBA Bank platform allows clients to earn rewards for staking ETH while assets are secured by an institutional grade deposit solution and a stringent regulatory environment that provides deposit protection, storage insurance and a range of capital requirements. SEBA bank through its approach to customer service based on the "security-first" principle provides investors from around the world with unlimited 24/7 access to assets regardless of the conditions on the cryptocurrency market.

- Ethereum Merge is a long-awaited and significant milestone for the second largest cryptocurrency in the world, providing users primarily with improvements in the areas of security, scalability, but also sustainability. The launch of our Ethereum staking services will enable both institutional investors and, over time, individual users to play a key role in securing the future of the network through a trusted, secure and fully regulated contractor such as SEBA bank. Our institutional-grade staking services are designed to offer a comprehensive and fully integrated platform for earning from investments in a number of leading PoS cryptocurrency networks. By introducing support for Ethereum staking, we intend to continue providing our clients with the cutting-edge technology they need to keep pace with the rapidly evolving digital asset industry, admitted Mathias Schütz, Head Technology & Client Solutions at SEBA Bank.