Bank Frick: Now offering staking as a service for digital assets
- Bank Frick specializes in banking for intermediaries and provides a fully integrated offering of classic banking
- Launching staking as a new service. Staking enables clients to generate passive income by holding their cryptocurrency
- As a fully regulated bank, it guarantees continuity of business at all times and full control of funds
- Staking involves a certain amount of digital assets being held as a security to validate transactions in a blockchain network
- Staking contributes to the security of a blockchain network by providing more validators
- Initially, the staking service will be offered for the cryptocurrencies Tezos (XTZ) and Polkadot (DOT)
