Swiss state-owned bank PostFinance launches Ethereum stake service with a low threshold of 0.1 ETH to seize the market

Swiss state-owned bank PostFinance announced that it will provide Ethereum (ETH) stake service to its approximately 2.7 million customers, with a minimum requirement of only 0.1 ETH. This move symbolizes the bank's further expansion of its cryptocurrency business and highlights the booming development of the Ethereum stake market.

PostFinance launches ETH stake service

As a fully government-owned bank in Switzerland, PostFinance revealed in yesterday's announcement that it will provide Ethereum stake services to approximately one-fourth of its customers, which accounts for a significant reduction in the threshold for participating in the encryption market.

PostFinance's stake service introduction video

Users only need to hold a minimum of 0.1 ETH (currently about $337) to participate in stake services, which is much lower than the typical requirement of 32 ETH (about $106,000) on the Ethereum network.

It is reported that the fixed stake period of the service must be at least 12 weeks, and the rewards obtained from staking can be sold, with a 20% fee deducted from the staking rewards.

PostFinance: Fully integrated, easy to participate and track

Alexander Thoma, the Digital Asset Manager of PostFinance, stated that the stake service is based on the native stake function of the Ethereum blockchain and has been seamlessly integrated into PostFinance's existing services:

Users' stake rewards will be directly displayed in the asset list along with other crypto assets, allowing users to easily track earnings and manage assets.

Currently, PostFinance only supports the stake service of Ethereum, but according to its explanation, it may gradually provide stake options for other cryptocurrencies in the future to meet the needs of more customers.

(Swiss regulatory framework poses the biggest threat to stablecoins like USDT: issuers need a license and even have to compensate for interest)

Based in Switzerland, PostFinance is actively expanding its encryption layout.

As the financial services department of Swiss Post, the national postal service of Switzerland, PostFinance manages assets totaling approximately CHF 124 billion (USD 136 billion), and this is not the bank's first foray into the digital asset field:

In 2021, digital collectibles linked to physical stamps were launched.

In 2022, the construction of the Cryptocurrency Custody Platform began.

In 2023, it launched Cryptocurrency trading and custody services in collaboration with the digital asset bank group Sygnum.

On the other hand, Switzerland, which is widely regarded as encryption-friendly, has recently been urged by local Bitcoin supporters to include Bitcoin in its currency reserves. They are racing against time to collect at least 100,000 signatures by June 30, 2026, in order to initiate a nationwide referendum.

(National referendum! Switzerland pushes to include Bitcoin in national currency reserves again)

It is not difficult to see that PostFinance's move highlights the trend of further integration of traditional finance into the encryption market, undoubtedly increasing the opportunity for the public to enter the encryption world and providing a case reference for other financial institutions.

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