A FINMA-licensed Swiss bank, Seba, has actually introduced a program making it possible for customers to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with Seba Bank.”
Seba Earn Lets Clients Generate Rewards From Crypto Investments
Seba Bank, a digital property banking platform certified by the Swiss Financial Market Supervisory Authority (FINMA), revealed the launch of Seba Earn Wednesday. The Switzerland-based bank explained the brand-new offering as “an institutional-grade solution enabling clients to earn yield on their crypto holdings.”
Noting that “The launch of Seba Earn caters to growing demand from institutions to manage a range of digital asset yield use cases from staking to decentralized finance (defi), and centralized lending and borrowing,” the bank elaborated:
Seba Earn’s detailed staking management platform will make it possible for organizations and people to produce benefits from their crypto financial investment on networks consisting of Tezos, Polkadot, and Cardano, with more procedures can be found in the coming months.
In addition, the statement discusses:
Seba Earn will likewise offer assistance for central financing and loaning services, making it possible for financiers to produce yield by financing bitcoin and ethereum straight with Seba Bank.
The bank likewise kept in mind that it “will continue integrating support for additional coins.”
Guido Buehler, CEO of Seba Bank, commented: “It is clear that as institutional interest in digital assets accelerates, investors have a broader appetite for crypto assets, with a particular interest in earning services like staking, defi and centralized crypto borrowing and lending.”
What do you consider Seba Bank releasing a crypto making program? Let us understand in the remarks area listed below.
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