Swiss-regulated crypto bank AMINA has become the first bank in the world to offer its institutional clients regulated access to POL, the native token that powers the Polygon blockchain.
The launch allows qualified participants, including asset managers and corporate treasuries, to earn staking rewards while ensuring network security in accordance with financial regulations.
As part of this collaboration, AMINA customers can receive up to 15% staking rewards. This rate combines AMINA’s base return with an additional incentive from the foundation.
The move expands the bank’s existing POL custody and trading services, providing institutions with a compliant path to participate in the blockchain infrastructure that companies like BlackRock, JPMorgan, and Franklin Templeton rely on for their tokenization efforts.
Myles Harrison, AMINA’s chief product officer, said the service connects traditional finance with “networks that matter.”
AMINA Bank (formerly known as SEBA Bank) is licensed by the Swiss Financial Market Supervisory Authority (“FINMA”) and also has authorization to offer crypto services from regulators in Abu Dhabi and Hong Kong.
Marc Boiron, CEO of Polygon Labs, called the development a sign that institutions are “no longer just buying tokens, they want to participate.”
Polygon, an Ethereum overlay blockchain that processes transactions for less than a cent and settles them in less than five seconds, has become one of the leading on-chain finance networks. It now hosts over $1 billion in real-world tokenized assets and nearly $3 billion in stable value. The POL token had a market cap of $2.5 billion at press time.