Swiss Banking Giant Unlocks New Crypto Secrets: What’s Behind PostFinance’s Mysterious Ether Staking Offer?

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PostFinance, a Swiss state-owned retail bank, is introducing an Ether staking service for its 2.7 million customers. This new offering allows users to commence staking with a minimum of 0.1 Ether. The service requires a fixed term of twelve weeks and provides the opportunity to sell credited staking rewards.

The move aligns with other traditional banks venturing into the cryptocurrency domain. In the United States, Anchorage Digital became the first federally chartered bank to support liquid Ether staking in December. Typically, 32 Ether, valued at approximately $106,000, is required for staking, but PostFinance enables staking with only 0.1 Ether, roughly equivalent to $331.


This staking service is seamlessly integrated into PostFinance’s existing infrastructure, allowing customers to track their staking rewards alongside other crypto assets in their asset statements. Alexander Thoma, the head of digital assets at PostFinance, confirmed that the staking service will operate directly on the Ethereum blockchain.

Currently, only Ether is available for staking. However, the bank plans to broaden the range of coins offered in due course. On a larger scale, Ether staking has seen significant growth, with over 33 million Ether staked since the launch of the Beacon Chain in December 2020, marking an increase from 682,000 at inception.

PostFinance has a longstanding engagement with cryptocurrency. In April 2023, the bank, in collaboration with Sygnum, launched crypto trading and custody services, and in 2022 initiated the development of an in-house crypto custody platform. Prior to that, in 2021, it began issuing digital collectibles linked to physical stamps.