Cryptobank Sygnum Offers Ethereum 2.0 Staking Service

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Sygnum, a Swiss regulated crypto bank, has launched Ethereum 2.0 staking service. According to a press release, Sygnum is the first banking institution to offer clients such an opportunity. The staking service is fully integrated with the banking platform.

Users of the Swiss crypto bank Sygnum can place Ethereum cryptocurrency in bank accounts for profitability of up to 7% per annum. Sygnum also offers Tezos (XTZ) staking and time deposits in its own DCHF stablecoin pegged to the Swiss franc.

ETH is one of the most popular staking coins. To date, over 6 mln ETH has been placed in the Ethereum 2.0 placement contract for nearly $12.5 bln. At the time of this writing, the price of ETH is $2,093.

Image: BitcoinWorld

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