SEBA Bank will provide Ethereum staking services to institutions
SEBA Bank executive Mathias Schütz believes that institutions can also play a role in securing the Ethereum network by staking Ether.< /p>
In an announcement sent to Cointelegraph, Swiss digital asset banking platform SEBA Bank said it has launched an Ethereum staking service for institutions that want to earn returns through staking on the Ethereum network. According to the company, the move is a response to growing institutional demand for decentralized finance (DeFi) services.
According to Mathias Schütz, an executive at SEBA Bank, the company believes that institutions can also play a role in securing the Ethereum network by implementing ETH. Schütz explained that:
"The launch of our Ethereum staking services will enable institutional investors to play a key role in securing the future of the network, via a trusted, secure and fully regulated counterparty."
The executive believes that the upcoming merger is a very important step for the network in terms of security, scalability and sustainability. Schütz also added that the launch of ETH staking for institutions allows their business to keep up with the rapidly changing digital asset space.
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SEBA Bank executive Mathias Schütz believes that institutions can also play a role in securing the Ethereum network by staking Ether.< /p>
In an announcement sent to Cointelegraph, Swiss digital asset banking platform SEBA Bank said it has launched an Ethereum staking service for institutions that want to earn returns through staking on the Ethereum network. According to the company, the move is a response to growing institutional demand for decentralized finance (DeFi) services.
According to Mathias Schütz, an executive at SEBA Bank, the company believes that institutions can also play a role in securing the Ethereum network by implementing ETH. Schütz explained that:
"The launch of our Ethereum staking services will enable institutional investors to play a key role in securing the future of the network, via a trusted, secure and fully regulated counterparty."
The executive believes that the upcoming merger is a very important step for the network in terms of security, scalability and sustainability. Schütz also added that the launch of ETH staking for institutions allows their business to keep up with the rapidly changing digital asset space.
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