Sygnum is About to Launch Bitcoin-Backed Loan Platform
Swiss digital-asset bank Sygnum is moving deeper into institutional crypto lending. The bank plans to launch MultiSYG, a bitcoin-backed loan platform built with non-custodial lender Debifi, allowing borrowers to retain partial control of their BTC via a multi-signature wallet rather than handing over custody to a single institution. CoinDesk, which first reported the plan, says the platform is designed to address long-standing concerns about rehypothecation—the practice of re-using collateral—and will require three signatures to move collateral. The launch is expected next year, aligning with 2026.
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