With Ethereum 2.0 just around the corner, banks could one day be key participants.
The network’s proof-of-stake (PoS) overhaul provides rewards, like getting interest on your deposits. And, at a time when yields in traditional savings vehicles remain are falling, investing in Ethereum may look like an attractive position.
Sygnum, a digital asset bank based out of crypto-friendly Switzerland, is now offering Ethereum 2.0 staking. Global banking giant Goldman Sachs is also expanding its crypto trading options with Ether.
Who will be next in line? Why is Ether becoming a more interesting proposition than Bitcoin?