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Swiss Bank Sygnum Introduces Innovative Bitcoin-Backed Loan Platform

Swiss digital asset bank Sygnum is set to revolutionize the lending landscape with the launch of its innovative Bitcoin-backed loan platform, MultiSYG.

In partnership with lending startup Debifi, the new platform aims to offer bank-grade loan services without requiring borrowers to relinquish control of their Bitcoin.

Scheduled for launch in the first half of 2026, MultiSYG will primarily target institutions and high-net-worth individuals eager for secure lending solutions that mitigate risks associated with rehypothecation.

Rehypothecation, a common practice in traditional finance, poses risks for borrowers, making Sygnum's offering particularly appealing to the growing clientele seeking non-custodial options.

Debifi’s CEO, Max Kei, emphasized the importance of trust in custodians, highlighting a long-standing demand for services that allow users to retain control over their assets.

Unlike many banks that necessitate full custody of Bitcoin, MultiSYG allows borrowers to deposit BTC into a multi-signature wallet controlled by five parties, enhancing security and transparency.

This structure requires three signatures for any collateral movement, providing borrowers with ongoing verification of their funds on the blockchain.

Pascal Eberle, the lead on the MultiSYG initiative, noted that this hybrid model merges the advantages of self-custody with the accessibility of regulated banking products.

In addition to flexible loan terms and pricing, borrowers will benefit from maintaining cryptographic proof of their holdings and partial control over their Bitcoin assets.

Sygnum's launch of this pioneering platform marks a significant milestone in the evolution of digital asset-backed financial products, catering to an increasingly sophisticated market.