Swiss bank Sygnum to launch Bitcoin-backed lending platform controlled by multi-signature wallets
Jinse Finance reported, citing CoinDesk, that Swiss digital asset bank Sygnum Bank has partnered with bitcoin (BTC) lending startup Debifi to launch what is claimed to be the first bank-backed lending platform that does not require borrowers to relinquish full control of their bitcoin. The product, named MultiSYG, is scheduled to launch in the first half of 2026 and targets institutions and high-net-worth individuals seeking bank-grade lending services but concerned about "re-staking."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
Crypto prices
More
