Finoa integrating Tezos

Finoa now supports Tezos, allowing secure and seamless reward generation with XTZ

In 2018, we launched Finoa, a highly innovative Digital Assets financial services provider allowing professional investors to seamlessly store and manage their digital wealth.

Our all-in-one solution for managing Digital- and Crypto-Assets is complemented by 24/7 immediate asset accessibility and protected by military-grade cryptographic standards. At the same time, we ensure and maintain full compliance through our regulated custody infrastructure.

At Finoa, we are committed to continuously developing and improving our product and service offering, with the ultimate goal of enabling higher levels of asset productivity and providing our customers with the full potential of rewards available in the ecosystem for their Digital Assets.

With today’s announcement, we are happy to share that you can now deposit and earn XTZ rewards through Finoa Custody.

Staking XTZ with Finoa

With our latest product release, Finoa now supports custody and staking for the Tezos token, XTZ, enabling our clients to safely store their assets while simultaneously earning rewards. Through our “in-custody” staking technology, the assets never leave the secure custody environment, while allowing our customers to opt-out at any time. By partnering with validators in the space, Finoa’s customers will be able to stake their tokens and contribute to the Tezos network.

Staking XTZ through self-custody solutions is often cumbersome, risky and time consuming. Many exchanges do not support XTZ staking, nor do they provide the highest level of Digital Asset security.

With today’s integration of Tezos, Finoa is taking a vital step to widen the array of Digital Assets financial services it provides.

Want to know more about custody and staking with Finoa?
Visit our website or schedule a product demo through contact@finoa.io

About Tezos

Tezos is a decentralized, public blockchain that evolves by upgrading itself. Stakeholders of the Tezos network vote on amendments to the protocol to reach social consensus on proposals, creating a secure and organic upgrading mechanism. The protocol’s on-chain governance system, Proof-of-Stake (PoS) consensus algorithm, and ability to facilitate formal verification of smart contracts, make Tezos an ideal long-term solution for high-value financial applications such as digital securities. For more information on Tezos, please visit: https://tezos.com/.

About Finoa

Your Key to Digital Asset Banking — Finoa provides custody and asset-servicing solutions for Digital Assets, customized to professional investors. The custody platform enables its users to securely store and manage their cryptographic tokens, while providing a directly accessible, highly intuitive and unique user-experience. Finoa was founded in 2018, is based in Berlin, is granted a crypto-asset custody license approval as qualified custodian (§64y Para. 1 KWG) and will be supervised by the German Federal Financial Supervisory Authority (BaFin).

Please contact the Finoa team via E-Mail, LinkedIn or Twitter

- Follow us on Medium for future articles: @Finoa_Banking

- Visit our website to learn more about us: https://finoa.io/

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Reliable and secure custody and staking solutions for institutions across a wide range of digital assets.

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