Amina Bank has become the first financial institution to offer staking for POL, the native token of the Polygon network. The Zug-based lender, licensed by Switzerland’s Financial Market Supervisory Authority (FINMA), said Thursday that it will give institutional clients access to rewards of up to 15% through a partnership with the Polygon Foundation.
“Our expansion of POL services provides institutional clients with regulated access to the blockchain, enabling our clients to be rewarded for providing stability and security to a blockchain network used by some of the biggest financial institutions,” said Myles Harrison, Amina’s chief product officer.
The offering marks another step in Polygon’s efforts to attract traditional finance institutions to its proof-of-stake ecosystem, where validators secure the network in exchange for yield-based incentives.
Investor Takeaway
How the Rewards Work
Maria Adamjee, head of investor relations at Polygon Labs, said staking rewards are based on validator yields combined with a one-time incentive. “If an institution purchases and stakes POL, they currently earn around 4% validator yield,” she told Cointelegraph. “On top of that, they’ll receive an additional 10% bonus in POL after staking for one year.”
Adamjee said the total “up to 15%” return combines variable validator income with a fixed one-year bonus. The incentive is designed to encourage long-term staking by institutional clients, she added. Early interest has come from asset managers, corporate treasuries, and family offices seeking yield opportunities that fit within regulated frameworks.
Polygon’s Expanding Institutional Reach
The Polygon network underpins several tokenization and blockchain initiatives led by large financial institutions, including BlackRock, JPMorgan, Franklin Templeton, and Stripe. According to data from RWA.xyz, Polygon ranks third globally in real‑world asset (RWA) tokenization with more than $1.13 billion in tokenized value across 273 assets. Ethereum remains the leader with a 56% market share.
Polygon’s role as a bridge between decentralized finance and traditional markets has been growing. The new partnership with Amina gives the network another regulated channel to connect with institutional clients that demand compliance‑grade infrastructure.
Investor Takeaway
Amina Bank’s Digital Asset Growth
Amina Bank — formerly known as Seba Bank — has been scaling its digital asset operations rapidly. The firm reported record 2024 results, with revenue rising 69% year over year to $40.4 million and assets under management climbing 136% to $4.2 billion. Institutional demand and expansion across Europe and the Middle East drove most of the growth, according to the bank.
Amina already offers a range of tokenization, custody, and staking services under Swiss regulatory oversight. The POL offering adds another layer to its product line at a time when institutional investors are seeking yield within compliant structures.
Rising Competition in Regulated Staking
Amina’s launch follows a series of staking approvals and new products among major crypto firms. On Wednesday, Coinbase received authorization from New York regulators to offer staking to residents, allowing users to earn rewards on Ether and Solana. Earlier in the week, Grayscale introduced staking for its Ethereum and Solana exchange‑traded products, making it the first U.S. fund issuer to do so.