BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Swiss Bank To Offer Ethereum Staking Services

by BlockNews Team
September 17, 2022
in Business, Crypto, Investing
A A
Swiss Bank To Offer Ethereum Staking Services
1
SHARES
Share on TwitterShare on Reddit

Many will argue there is no better way to grow your wealth than to let it sit and pay you interest, especially if that asset can become deflationary. It is nothing new when staking ETH or other digital assets. One can do this on Coinbase, Binance, Kraken, and many more crypto exchanges. Now SEBA Bank wants in on the fun. Let’s dive into SEBA bank and what has led them to offer Ethereum Staking.

SEBA Bank, Technology and Finance, In Real Time

SEBA Bank was founded in April 2018 and operates in Zug, Switzerland. The Swiss bank touts itself as “the perfect symbiosis of Technology, Blockchain and Banking.” per its website. SEBA offers digital services, including investment, institutional, trading, and credit products. Additionally, they provide corporate finance, banking, and digital custody systems.

In addition to providing its services to asset managers, accredited investors, and family offices, they also offer its services to many blockchain native companies. In short, they aim to connect digital and traditional assets as crypto catches steam. It will be interesting to see how these different bank companies compete to get the most customers during the next bull run. Right now, they are building a foundation during the bear. Perhaps banks’ staking pools would offer different percentage returns, providing healthy competition benefiting customers.

What’s the importance?

When we see companies aiming to blend the pillars of traditional finance with new digital technologies, it is a good sign for the space at large. Finally, we have banking, one of the most antiquated industries in the world, starting to embrace new changes. It can be frustrating to see gatekeepers jump on the crypto train, but ultimately, it is needed for mass adoption as it casts a wide net. Without a shift in this way, it would take immensely longer to get to where we want to be.

SEBA Starts Staking

With the month of the Ethereum merge upon us, SEBA announced that it would be offering institutional access to Ethereum staking services. This offering will play a part in more adoption and integration regarding crypto from companies such as SEBA. In addition, Ethereum 2.0 will reduce its energy consumption by 99.95% when the merge completes and is another green light.

Many criticisms of crypto have come from its inefficient use of power due to the energy requirements of conducting Proof of Work (PoW). However, institutional customers seek these services more per their clients’ requests, pushing companies in this direction. Bitcoin is still highly coveted in this asset class, though with ETH being the second biggest crypto and coming out swinging with ETH 2.0, it could prove to be an ultrasound money investment.

A Win-Win

As Ethereum moves from Proof of Work to Proof of Stake, it lends many new opportunities. And a lot of them are a win-win scenario. As we see institutional money take advantage of crypto and staking, there are a lot of positives for both the Ethereum network and the institutions involved.

Not only are more clients getting access to digital assets, but it will also help to secure the network. Many consumers these days at large want eco-friendly and secure options. And from a company perspective, it is wise to listen to what your customers want versus keeping things the same just because it’s easy. Banks like SEBA are starting to embrace this more and showing their competitors it’s possible.

The Merge & Moving Forward 

With more institutions getting involved with offerings, as we see here with SEBA bank, it will be a pivotal point to long-term growth and the snowball effect of adoption. The early crypto-centric population has cracked open the door for institutions and our more traditional peers to realize that there is certainly potential in the space, especially in the long term.

When the ETH merge completes, it will be a bat signal for the next wave. Many big firms are setting themselves up for the influx of new users. It is simply just a slow process with regulations that are currently in place. After the ETH merge parties are over, we will still have another show to watch and, in the meantime, get our ducks in a row. That is, of course, the merge of traditional finance with crypto.

Tags: BlockchaincryptoethereumWeb3
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

XRP at a Crossroads: Only Two Ways This Can Go
Crypto

XRP at a Crossroads: Only Two Ways This Can Go

June 20, 2025
Polymarket Thinks US Stablecoin Bill Is a Near Lock—But Will It Actually Pass?
Crypto

Polymarket Thinks US Stablecoin Bill Is a Near Lock—But Will It Actually Pass?

June 20, 2025
Semler Plans 105K Bitcoin by 2027 After Vet Crypto Hire
Bitcoin

Semler Plans 105K Bitcoin by 2027 After Vet Crypto Hire

June 20, 2025
SHIB Slides to Two-Month Low as Bears Eye Key Support Level
Crypto

SHIB Slides to Two-Month Low as Bears Eye Key Support Level

June 19, 2025
XRP at a Tipping Point: Breakout or Breakdown?
Crypto

XRP at a Tipping Point: Breakout or Breakdown?

June 19, 2025
Who Will Win the Layer 1 Crypto War? These Are the Chains to Watch Right Now
Cardano

Who Will Win the Layer 1 Crypto War? These Are the Chains to Watch Right Now

June 19, 2025
Load More

Related News

XRP at a Crossroads: Only Two Ways This Can Go

XRP at a Crossroads: Only Two Ways This Can Go

June 20, 2025
Polymarket Thinks US Stablecoin Bill Is a Near Lock—But Will It Actually Pass?

Polymarket Thinks US Stablecoin Bill Is a Near Lock—But Will It Actually Pass?

June 20, 2025
Semler Plans 105K Bitcoin by 2027 After Vet Crypto Hire

Semler Plans 105K Bitcoin by 2027 After Vet Crypto Hire

June 20, 2025
SHIB Slides to Two-Month Low as Bears Eye Key Support Level

SHIB Slides to Two-Month Low as Bears Eye Key Support Level

June 19, 2025
XRP at a Tipping Point: Breakout or Breakdown?

XRP at a Tipping Point: Breakout or Breakdown?

June 19, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.