Amina Bank has become the first regulated financial institution to offer staking for Polygon’s POL token, allowing institutional clients to earn up to 15% rewards.
Swiss crypto bank Amina Bank has become the first financial institution to offer staking services for POL, the native token securing the Polygon network.
The Zug-based bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), said on Thursday that it will provide institutional clients with up to 15% in staking rewards through a new partnership with the Polygon Foundation.
“Our expansion of POL services provides institutional clients with regulated access to the blockchain, enabling our clients to be rewarded for providing stability and security to a blockchain network used by some of the biggest financial institutions,” Amina’s chief product officer Myles Harrison said.
