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Swiss Bank Sygnum to Launch Bitcoin-Backed Loan Platform With Multi-Sig Wallet Control
Yahoo Finance·2025-10-24 06:00

LUGANO, SWITZERLAND — Swiss digital asset bank Sygnum Bank has teamed up with bitcoin (BTC) lending startup Debifi to launch what they say is the first bank-backed loan platform that doesn’t require borrowers to give up full control of their BTC. The offering, dubbed MultiSYG and set to open in the first half of 2026, will target institutions and high-net-worth individuals who want access to bank-grade loan services but are wary of rehypothecation, a practice common in traditional finance where lenders re ...