Swiss AMINA Bank Launches Regulated Staking for Polygon Token
Swiss-regulated AMINA Bank is the first to offer regulated staking for POL, the native token of the [Polygon blockchain](https://holder.io/coins/pol/), to institutional clients.
The service allows asset managers and corporate treasuries to earn up to 15% in staking rewards while complying with financial regulations.
This initiative expands AMINA's current POL custody and trading services, providing institutions a compliant way to engage with blockchain technology. It supports firms like BlackRock, JPMorgan, and Franklin Templeton in their tokenization efforts.
Myles Harrison, AMINA's chief product officer, highlighted the service as a bridge between traditional finance and essential networks.
AMINA Bank, formerly SEBA Bank, is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and approved to offer crypto services in Abu Dhabi and Hong Kong.
Polygon Labs CEO Marc Boiron noted that institutions are now keen on participating in blockchain networks beyond merely buying tokens.
[Polygon](https://holder.io/coins/eth/) is an Ethereum overlay blockchain known for processing transactions quickly and cost-effectively. It hosts over $1 billion in tokenized assets and $3 billion in stablecoin value, with the POL token having a market cap of $2.5 billion.
