Sygnum Bank has launched Ethereum 2.0 staking for its clients through the institutional-grade banking platform, according to the company’s press release.

  • The launch means Sygnum customers can securely and conveniently stake Ethereum and earn up to 7% per annum.
  • Sygnum’s staking service is integrated into the client’s accounts, with the bank optimistic of the security features it offers.

Ethereum staking involves locking up of assets to allow users validate transactions on proof of stake system and earn returns. ETHUSD is up +5.06%