Amina Bank Launches Staking for Polygon’s POL Token with Up to 15% Rewards
- Amina Bank is the first regulated financial institution to offer staking services for POL, the native token of the Polygon network.
- Institutional clients can earn up to a total of 15% in staking rewards, combining a base yield of around 4% and a one-time bonus of an additional 10% after one year.
- Polygon has surpassed $1 billion in tokenized assets, ranking third among blockchains in real-world asset (RWA) tokenization.
- Amina Bank reported a revenue increase of 69%, reaching $40.4 million, and assets under management surged by 136% to $4.2 billion.
- Coinbase has also received approval to offer staking services in New York, allowing users to earn rewards on assets like Ether (ETH) and Solana (SOL).
The launch of staking services by Amina Bank highlights growing institutional interest in staking opportunities within the crypto space, particularly for DeFi applications. This move provides regulated access for institutions looking to engage with blockchain networks securely.
With over $1 billion in tokenized assets, Polygon’s appeal continues to grow among institutional investors as they explore new avenues for returns through staking rewards.(Source)
