A Swiss bank approved by FINMA, Seba, has launched a program that allows clients to generate a return on their crypto holdings. In addition, the bank “will provide support for centralized lending and borrowing services, allowing investors to generate a return by lending bitcoin and ethereum directly with Seba Bank.”
Seba Earn Allows Customers To Generate Rewards From Crypto Investments
Seba Bank, a digital asset banking platform licensed by the Federal Financial Market Supervisory Authority (FINMA), announced on Wednesday the launch of Seba Earn. The Switzerland-based bank described the new offering as “an institutional grade solution that allows clients to earn a return on their crypto holdings.”
Noting that “the launch of Seba Earn responds to the growing demand from institutions to handle a range of digital asset yield use cases, from staking to decentralized finance (challenge) and centralized lending and borrowing,” explained the bank :
Seba Earn’s comprehensive staking management platform will allow institutions and individuals to generate rewards from their crypto investment on networks such as Tezos, Polkadot, and Cardano, with more protocols to come in the months to come. to come.
Additionally, the ad explains:
Seba Earn will also provide support for centralized lending and borrowing services, allowing investors to generate a return by lending bitcoin and ethereum directly with Seba Bank.
The bank also noted that it “will continue to integrate support for additional parts.”
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 particular interest in crypto assets. earning services like staking, challenge, and centralized crypto borrowing and lending. “
What do you think of Seba Bank’s launch of a crypto-earnings program? Let us know in the comments section below.
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