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FINMA licensed crypto platform SEBA introduces staking platform

source-logo  cryptoninjas.net 13 October 2021 15:08, UTC

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced the launch of SEBA Earn, an institutional-grade solution enabling clients to earn yields on their crypto holdings.

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. SEBA Earn’s comprehensive staking management platform will enable institutions and individuals to generate rewards from their crypto investment on networks including Tezos, Polkadot, and Cardano; with more protocols coming in the coming months.

As the DeFi industry has rapidly grown to reach a total value locked of over USD 80 billion, institutional investors are seeking trusted and regulated counterparties to provide services in the space. SEBA Bank will be the first regulated bank to offer a FINMA licensed gateway that will enable professional and institutional investors to access yields in permissioned DeFi protocols.

Furthermore, SEBA Earn will also provide support for centralized lending and borrowing services, enabling investors to generate yield by lending Bitcoin and Ethereum directly with SEBA Bank. As part of the ongoing development of SEBA Earn, SEBA Bank will continue integrating support for additional coins.

 “SEBA Earn, our comprehensive digital asset earning offering, provides professional and institutional players with a flexible platform and a trusted, regulated provider to securely enter the space.”
– Guido Buehler, CEO of SEBA Bank

cryptoninjas.net