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HomeBankingSygnum: Becomes first bank to launch Tezos staking

Sygnum: Becomes first bank to launch Tezos staking

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  • Sygnum the world’s first digital asset bank, and a digital asset specialist with global reach
  • Sygnum becomes the first bank to launch Tezos staking with stake rewards of up to 5% annually
  • For the first time, XTZ deposited and staked with a regulated bank, enabling clients to participate in the Tezos network
  • Sygnum clients can rely on the bank’s independently-confirmed tax impact assessment reports which are available on-demand via e-banking
  • Tezos a highly-scalable smart contract platform with an innovative governance model that automatically evolves and upgrades itself to ensure stability
  • Tezos’ singular LPoS consensus mechanism enables the protocol to routinely adapt and adopt new features natively and automatically

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