Bison Introduces Insured Ethereum Staking Service

Bison, a cryptocurrency trading platform owned by the Börse Stuttgart Group, has launched a new Ethereum staking service that includes insurance coverage for users.

Overview of the Staking Feature

This innovative staking feature allows users to stake a minimum of 0.005 Ether (ETH) and earn weekly rewards.

The service has been developed in collaboration with notable German firms, including Munich Re, a leading global reinsurance company, which provides coverage against various risks linked to cryptocurrency staking.

Insured Staking Details

Bison’s collaboration with Munich Re and Staking Facilities enables it to offer an insured Ethereum staking service.

The insurance is aimed at mitigating the risk of “slashing,” a penalty imposed by the network on validators for errant behavior, which can result in the loss of staked ETH.

Additionally, Munich Re’s insurance policy covers potential operational mistakes, technical issues, and fraud, allowing users to stake with added confidence against common staking risks.

Regulatory Compliance

All staked assets through Bison’s platform are securely held by Börse Stuttgart Digital Custody, which is regulated by the Federal Financial Supervisory Authority, ensuring full compliance with German financial laws.

Simultaneously, Ethereum co-founder Vitalik Buterin has voiced support for solo staking, suggesting that lowering the minimum deposit requirement to around 16–24 ETH could enhance network security and decentralization.

Strategic Partnerships

On September 19, Börse Stuttgart Digital, the cryptocurrency division of the group, announced a partnership with DZ Bank to enhance its cryptocurrency trading and custody services.

This collaboration will allow nearly 700 cooperative banks under DZ Bank’s umbrella to offer retail customers access to digital assets, including major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

The initiative aims to gradually roll out these services starting later this year, allowing select retail clients to test new cryptocurrency trading functionalities.