SEBA Bank launches SEBA Earn to enable institutional access to crypto earning economy
By Joy Dumasia
SEBA Bank, a fully integrated, FINMA licenced digital assets banking platform, announced SEBA Earn’s launch, an institutional-grade solution enabling clients to earn a yield 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.
EBA 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 of over USD 80 billion, institutional investors seek trusted and regulated counterparties to provide services in the space. SEBA Bank will be the first regulated bank to offer a FINMA licenced gateway to enable professional and institutional investors to access yields in permissioned DeFi protocols.
SEBA Earn will also support centralized lending and borrowing services, enabling investors to 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.
Guido Buehler, CEO of SEBA Bank, 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. 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. Innovation is a core tenet of our philosophy at SEBA Bank, and I am excited to demonstrate our industry-leading innovation in delivering our clients the cutting-edge technology that they need to stay apace with the rapidly evolving digital assets industry.”
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