Swiss Amina Bank launches Polygon (POL) staking service for institutional investors

Amina (AMINA), a Swiss virtual asset (cryptocurrency) specialized bank, has launched a regulated staking service for Polygon (POL) tokens for institutional investors.

On the 9th, according to crypto media CoinDesk, Amina said it has started staking POL, the native token of the Polygon network, and will offer rewards of up to 15% per year. The offering is structured to add additional incentives to Amina's base yield through cooperation with the Polygon Foundation.

The service is designed so that qualified participants — institutional investors, asset managers, and corporate treasury departments — can contribute to network security and receive staking rewards while complying with financial regulations.

Myles Harrison, Amina's chief product officer (CPO), said, "This service serves as a bridge between traditional finance and a 'meaningful network.'"

Marc Boiron, chief executive officer (CEO) of Polygon Labs, described it as "an example showing the trend of institutions moving beyond merely buying tokens to directly participating in network operation."

Meanwhile, Amina Bank is an institution that received crypto service authorization from the Swiss Financial Market Supervisory Authority (FINMA) during its previous name, SEBA Bank. It has also obtained operating approvals from Abu Dhabi and Hong Kong regulators. The service is meaningful in that, following existing Polygon (POL) custody and trading services, it provides institutional investors with a lawful and transparent channel to participate in blockchain infrastructure.

The outlet said, "This move will lead to strengthened security of on-chain tokenization infrastructure used by global financial institutions such as BlackRock, J.P. Morgan, Franklin Templeton," and "the integration of the cryptocurrency market into the Swiss financial sector is accelerating."