{"id":8320,"date":"2025-01-17T19:46:52","date_gmt":"2025-01-17T19:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8320"},"modified":"2025-01-17T19:46:52","modified_gmt":"2025-01-17T19:46:52","slug":"swiss-state-owned-bank-postfinance-expands-crypto-services-with-ethereum-staking","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8320","title":{"rendered":"Swiss State-Owned Bank PostFinance Expands Crypto Services With Ethereum Staking"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Swiss state-owned bank PostFinance has <a href=\"https:\/\/www.postfinance.ch\/en\/about-us\/media\/newsroom\/postfinance-staking-cryptos.html\" target=\"_blank\" rel=\"nofollow\">announced<\/a> its latest crypto initiative by introducing staking services for Ethereum, the world\u2019s second-largest cryptocurrency by market capitalization.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On 16 January 2025, PostFinance, one of Switzerland\u2019s leading financial institutions, highlighted the bank\u2019s commitment to embracing blockchain technology and catering to the evolving needs of its customers in the digital asset space.<\/span><\/p>\n<p>\u201cThe service now also includes a \u201cstaking\u201d functionality. For the time being, the new \u201cstaking\u201d option will be available in e-finance and in the PostFinance App for the cryptocurrency Ethereum,\u201d the announcement said. \u201cThe plan is to connect other cryptocurrencies in the near future.\u201d<\/p>\n<p>Is this a major step towards mainstream adoption in the Swiss financial sector?<\/p>\n<p><strong>Explore:\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/polands-zondacrypto-expands-to-switzerlands-crypto-valley-best-new-crypto-to-buy\/\" rel=\"bookmark\">Poland\u2019s Zondacrypto Expands To Switzerland\u2019s \u201cCrypto Valley.\u201d Best New Crypto To Buy!<\/a><\/strong><\/p>\n<h2><strong>PostFinance Makes A Strategic Entry Into Ethereum Staking<\/strong><\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Swiss state-owned bank PostFinance steps into crypto, offering Ethereum staking services. <\/p>\n<p>A big move towards mainstream adoption in the Swiss financial sector! <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Ethereum<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/Zgh8BOw8Pa\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Zgh8BOw8Pa<\/a><\/p>\n<p>\u2014 Pan (@Pan_Ecosystem) <a href=\"https:\/\/twitter.com\/Pan_Ecosystem\/status\/1880268843500589293?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Ethereum staking involves locking up ETH tokens to support the network\u2019s proof-of-stake (PoS) consensus mechanism.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In return, participants are rewarded with additional tokens as an incentive for validating transactions and maintaining network security.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With this move, PostFinance aims to provide its customers with a seamless way to generate passive income while contributing to the sustainability of the Ethereum blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">PostFinance\u2019s decision to introduce Ethereum staking is part of a broader strategy to expand its digital asset services. According to the bank\u2019s statement, plans are already underway to add staking options for other cryptocurrencies in the near future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This diversification will likely appeal to a wider audience of crypto enthusiasts and investors seeking opportunities beyond traditional banking products.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The move comes at a time when staking has gained significant traction in the cryptocurrency ecosystem.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As more blockchains transition from energy-intensive proof-of-work (PoW) models to environmentally friendly PoS systems, staking has become an attractive option for both retail and institutional investors.<\/span><\/p>\n<h1 class=\"page-title\">Swissquote Sees Better Than Expected Results Driven By Crypto Demand<\/h1>\n<p>Leading Swiss online bank and financial services provider, Swissquote, has\u00a0<a href=\"https:\/\/files.schedulr.ch\/campaign-files\/1236\/56c0f433-aa62-4fad-808e-724adb85029e.pdf\" target=\"_blank\" rel=\"nofollow noopener nofollow\">announced<\/a>\u00a0that it anticipates exceeding its financial forecasts, driven by a surge in demand for cryptocurrency trading and related services. The bank\u2019s client assets grew 31% on year in 2024.<\/p>\n<p>According to Swissquote, heightened interest in crypto trading during 2023 has significantly contributed to its performance.<\/p>\n<p>The company\u2019s early adoption of digital asset trading platforms has allowed it to cater to the increasing appetite for cryptocurrencies among retail and institutional investors alike.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/swissquote-sees-better-than-expected-results-driven-by-crypto-demand\/\" rel=\"bookmark\">Swissquote Sees Better Than Expected Results Driven By Crypto Demand<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/swiss-state-owned-bank-postfinance-expands-crypto-services-with-ethereum-staking\/\">Swiss State-Owned Bank PostFinance Expands Crypto Services With Ethereum Staking<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Swiss state-owned bank PostFinance has announced its latest crypto initiative by introducing staking services for Ethereum, the world\u2019s second-largest cryptocurrency by market capitalization. On 16 January 2025, PostFinance, one of Switzerland\u2019s leading financial institutions, highlighted the bank\u2019s commitment to embracing blockchain technology and catering to the evolving needs of its customers in the digital asset [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8320","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8320"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8320\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}