Sunday, November 27, 2022
HomeETHSEBA Bank launches Ethereum staking for institutional clients

SEBA Bank launches Ethereum staking for institutional clients

SEBA Financial Institution, situated in Switzerland, has made Ethereum staking available to its institutional clients. It’s interesting to note that the bank’s decision to offer its Ethereum staking services in response to “growing demand” from businesses to handle various digital asset yield use cases.

A comprehensive and completely integrated institutional-grade solution for making money from investments on Proof-of-Stake (PoS) crypto networks is offered by SEBA Bank’s staking management platform.

Ethereum staking services give consumers a flexible and accessible way to earn rewards thanks to monthly payouts, adjustable lock up periods following merges, and a cost-effective fee structure used to assure asset protection.

By staking Ethereum, institutions may play a crucial part in protecting the network. The Ethereum merge is an upcoming network upgrade that will switch the network’s existing Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS)

Clients can earn rewards for staking on the network using SEBA Bank’s platform, with funds safeguarded by an institutional-grade custody solution and a demanding regulatory framework that includes deposit protection, storage insurance, and capital requirements. This security-first approach to customer service assures that investors have 24/7 access to assets regardless of market conditions.

Read more at Cryptoshrypto:

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