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Swiss bank Sygnum will launch a Bitcoin-backed lending platform controlled by a multi-signature wallet

By: theblockbeats.news|2025/10/24 06:17:52

BlockBeats News, October 24th, according to CoinDesk, Swiss digital asset bank Sygnum Bank has partnered with Bitcoin (BTC) lending startup Debifi to launch what is claimed to be the first bank-supported loan platform that does not require the borrower to give up full control of their Bitcoin.

The product, named MultiSYG, is scheduled to launch in the first half of 2026 and is aimed at institutions and high-net-worth individuals who want to access bank-grade lending services but are concerned about "re-hypothecation."

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