Stuttgart Stock Exchange to Launch Insured Crypto Staking Service in 2024

Boerse Stuttgart Digital, arm of Stuttgart Stock Exchange, plans to launch insured crypto staking service in 2024
Partnered with Munich Re insurance to offer coverage against slashing risks for validators
Part of trend of major financial institutions moving into crypto services
Boerse Stuttgart Digital recently got license from BaFin to custody digital assets
Aims to allow institutional investors to earn staking rewards with confidence in security

coindesk.com

Relevant topic timeline:

9/5/2023

Explaining Ethereum's 'Risk Free' Rate of Return

Staking in the crypto market is rebounding, with proof-of-stake revenue generation reaching almost all-time highs, driven by the surge in total value locked for liquid staking protocols and the appeal of staking as a safer investment option in a year of liquidity challenges and DeFi hacks.

9/25/2023

The Boring Truth About Crypto Staking: Focus on Steady Returns Over Risky Yields

Staking, the process of earning rewards by holding and validating cryptocurrency, is becoming increasingly popular, but investors should prioritize safety, understanding of the underlying asset, and embrace the boredom that comes with steady, long-term yield.