Swiss financial giant, PostFinance AG, has launched an Ethereum (ETH) staking service, allowing users to earn rewards while strengthening blockchain security.
The initiative is part of the bank’s continued expansion into digital assets.
The program, revealed on January 16, customers can stake just 0.1 ETH, with a mandatory 12-week lock-up period before rewards are distributed.
Additional integration
The state-owned lender also announced plans to expand the service to include additional cryptocurrencies in the future. However, it did not specify which timeline it plans to add first.
PostFinance first entered the crypto market in April 2023 through a partnership with Sygnum Bank, offering trading and custody services to its 2.5 million customers. The bank expanded its offering in early 2024 by allowing users to trade 11 digital currencies and set up crypto savings plans.
With the addition of Ethereum staking, PostFinance deepens its commitment to blockchain adoption. This latest move underlines the bank’s efforts to merge traditional finance with emerging decentralized technologies.
Switzerland’s growing blockchain ecosystem
The introduction of Ethereum staking comes amid increasing interest in digital currencies in Switzerland and other countries, including the US.
In December 2024, Swiss crypto advocates started a campaign to hold a national referendum proposing the inclusion of Bitcoin (BTC) in the reserves of the Swiss National Bank. Although the central bank has expressed reservations, the proposal reflects Switzerland’s progressive approach to digital assets.
Additionally, the Swiss canton of Bern recently approved a study to investigate the role of Bitcoin mining in stabilizing the power grid and harnessing excess energy. These efforts underline Switzerland’s leadership in blockchain innovation.
PostFinance’s expansion into Ethereum staking strengthens its role as a key player in the evolving financial landscape, in line with the country’s ambitions to remain a global hub for digital assets.
