Crypto Finance Group launches new staking service for clients in Europe – Bitcoin Switzerland News
Crypto Finance, a leading provider of institutional-grade trading and custody for digital assets and part of Deutsche Börse Group, is expanding its service offering. Crypto Finance (Deutschland) GmbH, holder of several MiCAR licenses, now offers staking services to clients in Europe.
This innovative service allows clients who custody their assets with Crypto Finance (Deutschland) GmbH to both generate yield and contribute to the security of the Ethereum or Solana blockchains. Eric Viohl, Managing Director of Crypto Finance (Deutschland) GmbH, explains:
„Our new staking service is part of our commitment to provide best-in-class custodial solutions. By offering secure and efficient staking options, we give our clients the opportunity to not only hold crypto assets with our leading solution but also put the assets to use. Clients will actively participate in and benefit from the growing crypto economy.“
Token holders “stake”, or lock, tokens with node operators (“validators”) who process transactions into new blocks and secure the overall blockchain. As more staked tokens increase the security of the overall network, token holders are incentivized with “staking rewards” to participate. By staking, users therefore not only enhance network security but also earn rewards and benefit from the growth potential of digital assets.
Crypto Finance partners with Figment, the leading provider of staking infrastructure, to provide institutional grade protocol staking. The partnership combines Crypto Finance’s fully integrated platform with Figment’s complete staking architecture, creating an optimal solution for institutions to buy, store, manage, and stake Ethereum and other digital assets.
Eva Lawrence, EMEA Head at Figment, commented:
„We’re proud to announce that Figment is extending our partnership with Crypto Finance, by working with Crypto Finance Germany. Institutional-grade infrastructure remains critical for secure custody and staking, and we’re pleased to collaborate in delivering this for our clients in a unified way.”
The new staking service currently supports two most valuable Proof-of-Stake cryptocurrencies: Ethereum (ETH) and Solana (SOL). With a seamless and intuitive user interface, clients can effortlessly manage all staking activities, enjoying a new level of convenience and security.
