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Swiss Crypto Bank Sygnum Adds Support for Cardano (ADA) Staking

Swiss-based digital asset bank Sygnum has added Cardano (ADA) to its bank-grade staking services for institutional clients.
The bank’s customers can now earn rewards for staking ADA, the eighth largest cryptocurrency by market cap.
According to a press release, Cardano has joined the list of other cryptocurrencies supported on Sygnum’s staking offerings, which currently consist of Ethereum (ETH), Internet Computer (ICP) and Tezos (XTZ).
Sygnum Adds Support for ADA StakingCommenting on the development, Thomas Brunner, Sygnum’s Head of Accounts & Custody, said:“We are pleased to integrate Cardano and further expand our institutional-grade staking offering.
Sygnum Hits $800 Million ValuationSygnum was launched in 2017 as the world’s first digital asset bank.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.


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