A Swiss bank approved by FINMA, Seba, has launched a program that allows clients to profit from their crypto holdings. In addition, the bank “will provide support for centralized lending and lending services, enabling investors to generate income by borrowing bitcoin and ethereum directly from Seba Bank.”
Seba Earn Allows Customers To Generate Rewards With Crypto Investments
Seba Bank, a digital asset banking platform licensed by the Federal Financial Market Supervisory Authority (FINMA), announced on Wednesday the launch of Seba Earn. The Switzerland-based bank described the new offering as “an institutional grade solution that allows customers to earn income from their crypto holdings.”
Noting that “the launch of Seba Earn responds to the growing demand from institutions to handle a variety of digital asset performance use cases, from holding companies to decentralized finance (challenge) and centralized lending and lending,” explained the bank :
Seba Earn's comprehensive engagement management platform will enable institutions and individuals to generate rewards from their crypto investments on networks such as Tezos, Polkadot and Cardano, with more protocols in the coming months .Additionally, the ad explains:
Seba Earn will also provide support for centralized lending and lending services, enabling investors to generate income by borrowing bitcoin and ethereum directly from Seba Bank.The bank also noted that it “will continue to integrate support for additional currencies.”
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 crypto assets. ‘obtaining services such as staking, challenge, and centralized crypto lending and lending. “