A FINMA-licensed Swiss financial institution, Seba, has launched a program enabling shoppers to earn yield on their crypto holdings. As well as, the financial institution 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 Purchasers Generate Rewards From Crypto Investments
Seba Financial institution, a digital asset banking platform licensed by the Swiss Monetary Market Supervisory Authority (FINMA), introduced the launch of Seba Earn Wednesday. The Switzerland-based financial institution described the brand new providing 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 financial institution elaborated:
Seba Earn’s complete staking administration platform will allow establishments and people to generate rewards from their crypto funding on networks together with Tezos, Polkadot, and Cardano, with extra protocols coming within the coming months.
As well as, the announcement explains:
Seba Earn can even present help for centralized lending and borrowing companies, enabling traders to generate yield by lending bitcoin and ethereum straight with Seba Financial institution.
The financial institution additionally famous that it “will continue integrating support for additional coins.”
Guido Buehler, CEO of Seba Financial institution, 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.”
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