Crypto bank SEBA launches Ethereum staking services

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City AM

By Darren Parkin SEBA Bank has launched Ethereum staking services, enabling rewards to be earned on Ether. The move is set to cater for what Zug-based SEBA describes as a growing demand from institutions to manage a range of digital asset yield use cases from staking to decentralised finance (DeFi). Ethereum staking services enable clients to earn rewards on a monthly basis with adjustable lock up periods. “The Ethereum merge is an anticipated and significant milestone for the world’s second largest cryptocurrency, delivering improvements for its users across the areas of security, scalability…

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