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Sygnum and Debifi Team Up for BTC-Backed Loan Platform MultiSYG
Yahoo Finance· 2025-10-24 11:20
Swiss digital asset bank Sygnum has partnered with Bitcoin lending startup Debifi to launch MultiSYG, a bank-backed Bitcoin loan platform that lets borrowers retain shared control of their collateral. The product, set to launch in the first half of 2026, targets institutions and high-net-worth individuals seeking secure, transparent lending without giving full custody of their assets. A Shift Away From Custodial Lending With MultiSYG, users will be able to bypass the requirement of giving up custody of ...
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 ...