Swiss cryptocurrency bank SEBA opens institutional access to DeFi and steaming

Swiss cryptocurrency bank SEBA opens institutional access to DeFi and steaming

FINMA-regulated cryptocurrency bank SEBA has announced the launch of SEBA Earn. The service will allow institutional clients to generate income from cryptolending, DeFi and staking cryptocurrencies, including Cardano, Polkadot and Tezos.

Lending and borrowing is available in bitcoin and Ethereum.

The platform will expand the list of supported stacking assets in the coming months.

"In light of the increasing interest of institutional clients in digital assets, the focus is shifting to steaking, DeFi and lending operations," said SEBA Bank CEO, Guido Buehler.

As a reminder, FINMA approved the first crypto-fund under the country's legislation in September. SEBA Cryptobank became its custodian.

Earlier, another regulated cryptocurrency bank, Sygnum, offered Ethereum 2.0 stacking to customers in addition to Tezos.

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