SEBA Financial institution Provides Aave, Chainlink Assist

SEBA Financial institution, a FINMA-licensed Swiss Financial institution, this week added assist for Aave (AAVE) and Chainlink (LINK) tokens. The 2 cash’ mixed market cap is north of $12 billion. 

With this integration, establishments can now actively handle these DeFi tokens throughout SEBA Financial institution’s full suite service providing, together with funding, custody and buying and selling. The expanded array of tokens will now be out there throughout SEBA Financial institution’s funding options, together with particularly designed and managed consumer portfolios within the framework of individualized discretionary mandates.

“Investor curiosity in digital belongings is rising quickly, and lots of need to transcend bitcoin. SEBA Financial institution provides traders bespoke entry to the return drivers and diversification advantages of this new asset class,” SEBA Financial institution COO Alistair Heggie mentioned. “We’re happy to offer our experience in digital belongings to construct publicity on this new asset class.”

As a part of the technique to accommodate the quickly rising demand for decentralized finance exercise and cryptocurrency, SEBA Financial institution is integrating various ERC-20 tokens supported on its scorching storage custody answer into its proprietary institutional-grade chilly storage custody answer. Along with current assist for BTC and ETH, establishments will now be capable to securely handle and retailer ERC-20 tokens in a battle-tested chilly storage surroundings together with USD Coin (USDC), Uniswap (UNI), Yearn Finance (YFI), Synthetix (SNX), Chainlink (LINK) and Aave (AAVE).

SEBA Financial institution’s full-suite digital asset banking companies are supported by SEBA Analysis, offering analytics, insights and entry to this nascent asset class. SEBA Analysis applies the best requirements and complies with the Swiss Bankers Affiliation analysis tips. Digital belongings are chosen in accordance with a rigorous course of combining quantitative metrics and in-depth qualitative evaluation. The worth accrual mechanism, tokenomics and the underlying protocol play a central position on this course of.