Swiss Bank Sygnum to Launch Multi-Signature Bitcoin Collateralized Loan Platform
2025-10-24 06:04
According to Odaily Planet Daily, Swiss digital asset bank Sygnum Bank has partnered with Bitcoin lending startup Debifi to launch MultiSYG, a Bitcoin-backed collateralized lending platform controlled by a multi-signature wallet. The platform, touted as the first bank-backed lending product that doesn't require borrowers to relinquish full control of their Bitcoin, is expected to launch in the first half of 2026 and is primarily aimed at institutions and high-net-worth individuals seeking bank-grade lending services but concerned about the risk of rehypothecation. (CoinDesk)
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