SEBA Bank, a Swiss-based financial institution fully regulated, has announced that its customers can now earn yield on digital assets they hold.
SEBA launches Yield Earnings
Official press release from SEBA Bank reveals that they have launched SEBA Earn, an institutional-grade solution that will allow crypto owners to earn returns on their digital currency.
The bank stated that there had been a sharp increase in DeFi, with more than $80 billion secured across various protocols. This has fueled the desire of many institutional clients to avail various earning services such as staking, central lending, and borrowing.
SEBA Earn will offer both retail and institutional investors a transparent, secure way to earn crypto investment yields.
It is evident that institutional interest in digital assets is increasing, which means investors have a greater appetite for crypto assets. They are particularly interested in earning services such as staking, DeFi and central crypto borrowing and lending.
SEBA Earn, our comprehensive offering for digital asset earning, provides professionals and institutions with a flexible platform as well as a trusted, regulated provider that allows them to securely enter the space,” stated Guido Buehler (CEO of SEBA Bank).
He said, “Innovation has always been a fundamental tenet at SEBA Bank. I am excited to show our industry-leading innovation in providing our clients with the cutting-edge technology they need to keep up with the rapidly changing digital assets industry.”
You will find more options for stakes
Further, the Swiss crypto bank added that investors can borrow and lend BTC and ETH on the platform to get a return on the SEBA Earn program. More coins are expected to follow.
Customers can currently generate yield on various supported blockchain networks such as Polkadot and Tezos. SEBA however revealed that it plans to add additional protocols over the next few months.
SEBA Earn will be the first bank to provide investors with access to yield earnings through various DeFi protocols.
SEBA was founded in 2018 and is the first bank to focus on digital assets in Switzerland to be granted a license by the Swiss Financial Market Authority.
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