Swiss state-owned bank PostFinance has added cryptocurrency staking to its digital asset services, becoming the first systemically important bank to offer the feature. The new service allows customers to earn passive income by depositing cryptocurrencies directly onto the blockchain.
It is worth noting that the announcement marks an expansion of PostFinance’s cryptocurrency services, launched a year ago, which already include trading and safekeeping of digital assets. The staking service, available to all eligible customers, offers a streamlined way to participate in the Ethereum blockchain, the bank said.
Customers Can Stake Ethereum with as Little as 0.1 ETH
PostFinance’s staking program is built on “native staking,” conducted directly on the Ethereum blockchain. This approach enhances transparency and security, according to Dr. Alexander Thoma, the bank’s Head of Digital Assets. Customers can start staking with a minimum deposit of 0.1 ETH.
The service is fully integrated into PostFinance’s existing digital offerings, allowing users to monitor staking rewards alongside other cryptocurrency holdings within their account statements. Thoma emphasized the simplicity of the setup, noting that it eliminates the need for third-party intermediaries while maintaining secure asset management.
Transparent Staking Process Aimed at Broader Adoption
The integration of staking reflects PostFinance’s commitment to making digital assets accessible and secure for its customers. By leveraging Ethereum’s proof-of-stake model, users contribute to blockchain validation processes and earn rewards in return.
PostFinance is positioning itself as a leader in the evolving financial landscape, catering to the growing demand for cryptocurrency services while adhering to regulatory and security standards. The bank’s expansion underscores the increasing mainstream adoption of blockchain technologies in traditional banking.
