SEBA Bank launched a cryptocurrency income program Clients | NFT Token

SEBA Bank launched a cryptocurrency income program

Clients of Swiss financial institution SEBA Bank will soon be able to earn income from their cryptocurrencies in the SEBA Earn program. Currently, customers can earn income from Polkadot, Tezos and Cardano, but the bank said it plans to add more proof-of-ownership protocols in the coming months.

In an Oct. 13 statement, SEBA Bank said investors can use its Bitcoin (BTC) and Ethereum (ETH) lending services to generate income through its SEBA Earn program. The bank said they planned to integrate support for other cryptocurrencies as well.

"As institutional interest in digital assets grows, investors have a growing appetite for crypto-assets, with a particular interest in getting services such as stacking, DeFi and centralized cryptocurrency borrowing and lending," said SEBA Bank CEO Guido Büchler.