Bitcoin (BTC) and cryptocurrencies As its popularity continues to grow, banks are getting closer to the booming crypto industry.
Latest news in this context Switzerland’s digital bank Sygnum Bankcame from
The bank, which also has the distinction of being the world’s first digital bank, is the eighth largest cryptocurrency by market value in its press release today. Cardano (ADA) announced that it is expanding its staking services with
The statement included the following:
“Bank customers can now stake Cardano and earn staking rewards through Sygnum’s corporate banking platform.”
Sygnum already has customers Ethereum (ETH), Internet Computer Protocol (ICP) and Tezos (XTZ) It offers the opportunity to stake on it.
Thomas Eichenberger, Head of Business Units of Sygnum Bank, said:
“As enterprise adoption of digital assets continues to grow, the demand for core protocols as well as award-winning capability continues to grow.
Sygnum’s expansion of staking services, now to include Cardano, gives our clients a wide range of investment opportunities backed by a bank’s credibility and peace of mind.”
Vasil Hard Fork Explained by Cardano Founder!
Sygnum Bank’s Cardano (ADA) Along with his announcement, ADA founder Charles Hoskinson also made a statement about the highly anticipated Vasil Hard Fork upgrade.
Vasil stated that he does not expect any more delays in the Hard Fork, and that the upgrade in question has passed the final test.
Hoskinson said that things are progressing in a systematic and orderly manner. “We are in the final stages of testing, so I don’t anticipate any further delays unless something new is discovered. I wanted to give you an update that everything is fine.” said.