Crypto Bank expands its offerings and adds 3 new Decentralized Finance (DeFi) tokens

Crypto bank SEBA is a FINMA licensed Swiss Bank that offers digital investment solutions, products and services by being a bridge between digital assets and traditional real world assets.

The total market capitalization for decentralized finance is $ 139 billion as of May 3, 2021 while the total value locked in DeFi has grown to a record $72 billion in assets. Institutions are also taking notice as their talent leaves to join DeFi (e.g., HSBC exec joining Crypto exchange FTX). DeFi is the corner of the cryptocurrency industry that represents a wide range of lending, trading and betting activities carried out almost entirely on blockchain networks using tokens as proceeds and collateral.

MarketCap: https://www.coingecko.com/en/defi
Total Value Locked: https://defipulse.com/

SEBA is expanding its comprehensive offerings to nine cryptocurrencies by supporting DeFi protocols they feel are most significant on the market today. The banks clients will be able to benefit from these new tokens in all services including investment solutions, custody and trading.

https://www.seba.swiss

These tokens will be joining the six already offered tokens Bitcoin (BTC), Stellar Lumen (XLM), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Circle Stablecoin (USDC). Each of SEBA’s token offerings has been carefully selected and vetted by SEBA Research, a unit of SEBA that focuses on qualitative and quantitative testing, metrics and analysis of the Value accrual mechanism, Tokenomics, and supporting protocol of digital assets.

Per the bank’s announcement, “the expanded array of coins and tokens will also be available across SEBA Bank’s investment solutions, including tailor-made and actively managed client portfolios in the framework of individualized discretionary mandates.”

-Alistair Heggie, COO SEBA“Investor interest in digital assets is growing rapidly, and many want to go beyond bitcoin. SEBA Bank offers investors bespoke access to the return drivers and diversification benefits of this new asset class. We are pleased to provide our expertise in digital assets to build exposure in this new asset class.”

  • Alistair Heggie, COO SEBA

If you are new to Decentralized Finance and would like to learn more on why it will upend the global financial establishment click here to read the comprehensive research report. You may also follow Digital Bankr on twitter to stay up to date with the latest Crypto news and commentary around the world.

Visit digitalbankr.com for more exclusive research, analysis and market news on all things blockchain, including crypto assets.

--

--

--

Founder and Contributor @DigitalBankr. I write exclusive research, analysis and market news on all things blockchain, including crypto-assets.

Love podcasts or audiobooks? Learn on the go with our new app.

What Is an Initial Token Offering (ITO)?

CryptoPunks: The close wonderful crypto/NFT speculation that no one thinks about

Bitfinex Trials Notabene’s State-of-the-art Travel Rule Solution for Cross Border Payments

Altcoins deep dive — how to find the right ones to invest

Why ByteBlock.art can be one of the most promising NFT marketplaces?

How To Invest In Ripple (XRP): Step-By-Step Beginner’s Guide

Ending the Bitcoin energy drain

Hotpot V3 49th Weekly Report

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
James Chung

James Chung

Founder and Contributor @DigitalBankr. I write exclusive research, analysis and market news on all things blockchain, including crypto-assets.

More from Medium

Biweekly update #9

Queen of the Castle: An Introduction to CitaDAO’s First IRO Property

Avaware.Network is your one-stop DeFi shop!

Hermes Lottery, Buy OHM bonds and get lucky ⚚