MoraBanc Launches Andorra's First Staking Investment Fund for Digital Assets
Clients can earn variable yields by allocating holdings without trading, enhancing the bank's custody, trading, and financing services. Custody fees waived until year-end to drive adoption.
Key Points
- MoraBanc launches Andorra's first staking investment fund for digital assets.
- Clients earn variable yields by allocating holdings without trading.
- Custody fees waived until Dec 31 to boost adoption.
- Enhances bank's services: custody, trading, ETFs, financing.
MoraBanc has introduced Andorra's first investment fund that integrates staking strategies for digital assets, enabling clients to earn additional, non-guaranteed yields by allocating their holdings to the fund without engaging in any trading activity.
The bank claims this makes it the pioneering institution in the country to offer such a product. Yields from staking remain variable, influenced by market dynamics and the specific protocols employed.
This launch bolsters MoraBanc's comprehensive suite of digital asset services, which already includes tailored custody solutions, trading, ETFs, structured products, and financing backed by digital assets. To boost adoption, the bank is waiving custody fees entirely on its digital wallet until 31 December.
MoraBanc has solidified its leadership in Andorra's digital asset sector by being the first to roll out these offerings ahead of rivals. It has also driven awareness through involvement in international events such as the Barcelona Blockchain Convention and by organising professional forums in Andorra focused on financial and technological innovation. The initiative fits into the bank's broader push to provide clients with investment choices aligned to evolving market demands.
The bank emphasises that staking returns carry no guarantees and are subject to external factors.
Original Sources
This article was aggregated from the following Catalan-language sources: