Sygnum Bank to Launch Bitcoin-Collateralized Lending Platform 'MultiSYG'

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Summary

Sygnum said it will launch the Bitcoin-collateralized lending platform 'MultiSYG' in the first half of 2026 in collaboration with non-custodial lending startup Debifi.
The MultiSYG platform targets institutional investors and high-net-worth individuals, and said it aims to minimize reused collateral risk by adopting a 5-signatory-based multisig wallet.
Through this platform, borrowers will receive on-chain asset verification along with bank-level interest rates and flexible loan terms.

Swiss virtual asset (cryptocurrency) specialist bank Sygnum is partnering with non-custodial (Non-Custodial) lending startup Debifi to introduce a Bitcoin (BTC)-collateralized lending platform.

According to CoinDesk on the 24th (local time), Sygnum plans to officially launch the 'MultiSYG' platform in the first half of 2026. The service targets institutional investors and high-net-worth individuals, and aims to minimize the 'reused collateral' risk pointed out as an issue in traditional finance.

MultiSYG has adopted a 5-signatory-based multisig wallet structure. Borrowers deposit their bitcoins in a wallet jointly controlled by the bank, themselves, and independent signers, and collateral movement requires at least three signatures. This allows borrowers to directly verify the existence of their assets on-chain during the loan period.

Pascal Eberle, head of Sygnum's Bitcoin business, said, "MultiSYG is a model that combines the trustworthiness of traditional finance with the asset control of blockchain," and explained, "Borrowers can enjoy bank-level interest rates and flexible loan terms along with cryptographic proof of bitcoin holdings."