Swiss bank Sygnum offers ADA staking for institutional clients.

Signo bank recently announced the staking of Cardano (ADA). The token is added to his wallet ofEthereumInternet Computer e Tezo. Addition of ADA by Signo exposes its nearly 1,000 institutional clients to cryptocurrency.

ADA staking is now possible in Switzerland

Customers can now target ADAs from their existing cryptocurrency wallets to get rewards. The digital assets of Signo they are fully compatible with its existing banking infrastructure. This is because digital assets are protected with separate wallets, secure private keys, and different levels of protection.

The CEO of CardanoFederico Gregardsaid customers of Signo they can enjoy a staking experience without having to lock their tokens. The business structure also ensures that customers are always in control of their tokens.

To Find Out: Robinhood will lay off 23% of its workforce citing the slowdown in the cryptocurrency market.

Thomas EichenbergerHead of Banking Services at Signo, welcomes the opportunity. This is to expand investment options for clients offering the security of a regulated bank. Furthermore, the Head of Accounting and Custody at Signohe said expanding his staking product to institutional clients will help diversify portfolios.

Cardano arouses interest with the hard upgrade bifurcation Vasil

This decision precedes the hardware upgrade bifurcation Vasil from Cardano. It was supposed to bring a “huge” performance boost to the cryptocurrency network, but it was delayed for “a few weeks”.

first difficult forkedmore and more companies are betting on ADA, the French manufacturer of hardware wallets for cryptocurrencies Ledger recently adding support for over 100 native tokens on the network Cardano. This allowing users to shop on the Ledger Live app, sending and receiving these tokens are used to manage crypto assets on Ledger devices.

Otherwise, LI am investors bet on it anyway. According to data from Coinbase’s pricing pages, users of the listed exchange Nasdaq have a typical ADA lead time of 153 days. This means that traders of Cardano on the platform store their assets.

Bonus: Solana victim of an ongoing hack with several million dollars withdrawn from thousands of private wallets.

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