Banks Edge Closer to Ethereum 2.0 Staking
Switzerland-based Sygnum Bank is helping institutional clients get staking rewards from the new Ethereum network. And they’re not alone.
“It just shows that staking on Eth 2.0 is incredibly popular,” said Ben Edgington, lead product owner at ConsenSys.
The Certus One team will merge with Jump Trading’s team of 900 employees made up of engineers, quants and traders.
The blockchain infrastructure platform is betting on the "proof-of-stake" model.
The fund will offer exposure to ALGO and a 4%-6% staking yield.
The funding round also attracted investments from Coinbase Ventures and the Solana Foundation.