Sygnum Bank Launches Bitcoin-Backed Loan Platform for Institutional Investors

Sygnum Bank and Debifi have launched a new platform designed to offer secure Bitcoin-backed loans, specifically targeting institutional investors and high-net-worth individuals. The MultiSYG platform leverages shared custody and multi-signature technology in Switzerland, aiming to address concerns surrounding centralized crypto lending platforms. 🔒 This move seeks to enhance security by minimizing potential risks associated with traditional loan models. 🔐