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Swiss Bank PostFinance Launches Ethereum Staking for Customers

Business
Updated: 1/17/2025
Swiss Bank PostFinance Launches Ethereum Staking for Customers
#Ethereum
PostFinance, Switzerland’s state-owned bank, has officially introduced Ethereum staking, expanding its crypto services for customers.

PostFinance Expands Crypto Services

Ethereum staking now available through e-finance and the PostFinance App.
On January 16, PostFinance announced the addition of Ethereum staking to its crypto trading and custody platform. This move allows customers to earn passive income from their ETH holdings, with future plans to support other cryptocurrencies.

Partnerships Strengthen Crypto Offerings

Collaboration with Sygnum boosts PostFinance's digital asset services.
PostFinance’s staking service builds on its partnership with FINMA-regulated Sygnum Bank, established in February 2024. Sygnum already offers staking for ETH, Tezos (XTZ), and Cardano (ADA), ensuring a secure and transparent staking experience.

Native Staking for Maximum Security

Direct blockchain integration ensures transparency.
Dr. Alexander Thoma, head of digital assets at PostFinance, highlighted that the staking service uses native staking on the Ethereum blockchain, guaranteeing full transparency and security for customers.

Growing Institutional Adoption in Switzerland

PostFinance joins Zurich Cantonal Bank in expanding crypto access.
PostFinance’s move follows Zurich Cantonal Bank's entry into crypto trading and custody in September 2024, reflecting growing institutional adoption of digital assets across Switzerland.

Stay updated as PostFinance continues to innovate in the crypto space.