SEBA Bank, a fully regulated financial institution based in Switzerland that offers multiple crypto services to its customers, announced that customers will now be able to earn income from their holdings of digital assets.
SEBA introduces yield earnings
According to an official press release, SEBA Bank has launched a new institutional solution called SEBA Earn that allows crypto holders to earn income from their digital currencies.
The bank noted that the strong growth in the DeFi space, with over $80 billion locked across various protocols, has whetted the appetite of numerous institutional clients for various earning services, including staking, centralized lending and borrowing.
The SEBA Earn program offers both institutional and retail investors a transparent and secure way to earn income from their crypto investments.
“It is clear that as institutional interest in digital assets increases, investors have a broader appetite for crypto assets, with a particular interest in services such as staking, DeFi, and centralized crypto lending and lending.
SEBA Earn, our comprehensive digital asset acquisition offering, offers professional and institutional players a flexible platform and a trusted, regulated provider to safely enter the market,” said Guido Buehler, CEO of SEBA Bank.
He added: “Innovation is a core element of our philosophy at SEBA Bank and I look forward to demonstrating our industry-leading innovation by providing our clients with the cutting-edge technology they need to compete in the rapidly evolving digital asset industry Keep up. ”
More staking options to come
The Swiss crypto bank further added that investors can use its lending and borrowing services to earn income from the SEBA Earn program by lending BTC and ETH directly on the platform, with more coins to be added later.
Currently, clients can generate income on various supported blockchain networks, including Polkadot, Tezos, and Cardano. However, SEBA announced its intention to add more protocols in the coming months.
With the launch of SEBA Earn, the company will be the first regulated bank to offer investors access to earnings across different DeFi protocols.
Founded in early 2018, SEBA is one of the first digital asset-focused banks in Switzerland to receive a license from the country’s regulator, the Swiss Financial Market Supervisory Authority (FINMA).
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