SEBA financial institution presents a seamless, safe, and accessible bridge between digital belongings and conventional or real-world belongings.
The well-known Swiss Crypto Financial institution SEBA has once more expanded its cryptocurrency choices after including three new tokens to its present six. This Monday, on Might 3rd, 2021, the FINMA licensed financial institution introduced that it might now help three new decentralized finance tokens, Uniswap’s UNI, Synthetix’s SNX, and Yearn.Finance’s YFI. This enlargement is part of SEBA steady exploration of the DeFi area, because the crypto financial institution has at all times been an energetic participant within the DeFi area. Now shoppers will get pleasure from the advantages of those three new tokens, together with the funding, custodial, and buying and selling companies these tokens supply.
Per the financial institution’s announcement, “the expanded array of cash and tokens may even be out there throughout SEBA Financial institution’s funding options, together with tailored and actively managed shopper portfolios within the framework of individualized discretionary mandates.”
Every token presents a novel alternative to buyers; UNI is a stablecoin supplied by Uniswap, a widely known decentralized buying and selling protocol that eases the swapping of crypto belongings. SNX is a novel hybrid coin supplied by Synthetix, a DeFi protocol that gives digital belongings to on-chain publicity by changing real-world belongings into ERC-20 tokens. And final however not least, YFI is the native cryptocurrency of Yearn.Finance, a DeFi aggregator that optimizes yield farming rewards, with over $3 billion in reserve belongings.
These tokens might be becoming a member of six already supplied tokens, Bitcoin (BTC), Stellar Lumen (XLM), Bitcoin Money (BCH), Ether (ETH), Litecoin (LTC), and Coinbase’s USDC stablecoin. Every of SEBA’s token choices has been rigorously chosen and vetted by SEBA Analysis, a unit of SEBA that focuses on qualitative and quantitative testing, metrics and evaluation of the Worth accrual mechanism, Tokenomics, and supporting protocol of digital belongings
SEBA financial institution presents a seamless, safe, and accessible bridge between digital belongings and conventional or real-world belongings. The crypto financial institution supplies devoted asset administration, analysis on digital belongings, and safe entry to the crypto world to a number of events, together with Banks, asset managers, and buyers worldwide. The financial institution goals to encourage and empower buyers with sure and vertically built-in companies that observe the whole life cycle of a monetary product.
SEBA has lengthy since proven dedication to the DeFi area, steadily rising its crypto choices because the second quarter of the yr begins. “Investor curiosity in digital belongings is multiplying, and plenty of wish to transcend bitcoin. SEBA Financial institution presents buyers bespoke entry to the return drivers and diversification advantages of this new asset class. We’re happy to offer our experience in digital belongings to construct publicity on this new asset class,” COO Alistair Heggie says.
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