Bunq goes crypto: Europe's second-largest neobank introduces staking

The Dutch neobank bunq, Europe's second-largest by customer number, is the first bank of its kind to introduce flexible crypto staking for users across the EU.
In collaboration with the crypto exchange Kraken, customers can stake their coins on blockchain networks and earn up to ten percent annual returns, according to a press release shared with BTC-ECHO.
Unlike traditional staking offerings, bunq has no lock-up periods. Users can end their staking at any time, trade coins, or take profits.
Following the launch of bunq Crypto, staking is now available in Germany, the Netherlands, France, Spain, Italy, Belgium, Ireland, and other EEA countries. At the same time, bunq is preparing to enter the US market and has announced its application for a broker-dealer license.
bunq was founded in the Netherlands in 2012 and has since grown into Europe's second-largest neobank. The “Bank of the Free” sees itself as a digital alternative to traditional banks and consistently pursues an app-first strategy. In addition to multi-currency accounts, sustainable investment opportunities, and automated savings features, bunq has been increasingly expanding its crypto offerings since 2023.

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