Home » Cryptocurrency News » Cryptocurrency News » Licensed Swiss Crypto Bank Launches Tezos Trading and Staking Licensed Swiss Crypto Bank Launches Tezos Trading and Staking November 6, 2020
Nov 6, 2020 at 14:03 UTC Updated Nov 6, 2020 at 14:19 UTC
Tezos logo (Shutterstock)
Sygnum Bank, a digital assets company licensed in Switzerland, has launched services for Tezos, its first listing of a proof-of-stake blockchain token.Announcing the news Friday in a blog post, Sygnum said it now offers trading, staking and custody for tezos (XTZ).Users can earn rewards by staking XTZ with no minimum period and interest said to be “up to 5%” annually.The company is regulated as a bank by the Swiss Financial Market Supervisory Authority (FINMA), and offers a range of digital asset services with a focus on the B2B market.
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