Sygnum and Debifi Launch MultiSYG Bitcoin Loan Platform in 2026
Sygnum, a Swiss digital asset bank, has partnered with Debifi to introduce MultiSYG, a Bitcoin loan platform allowing borrowers shared control over their collateral. This initiative is scheduled for launch in the first half of 2026, targeting institutions and high-net-worth individuals seeking secure lending without full asset custody.
Key Features of MultiSYG
- Borrowers deposit Bitcoin into a 3-of-5 multi-signature escrow wallet involving Sygnum, the borrower, and independent signers.
- Offers bank-grade terms in pricing, drawdown flexibility, and loan duration while maintaining cryptographic proof of holdings.
- Requires three approvals for fund movement, ensuring on-chain verification throughout the loan.
- Aims to eliminate blind trust in custodians while adhering to regulatory oversight.
Increased Demand for Non-Custodial Lending
- Following the collapse of centralized lenders like BlockFi and Celsius, demand for non-custodial, verifiable loans has surged.
- MultiSYG addresses this demand by preventing asset reuse or rehypothecation.
Sygnum's Broader Expansion
- The partnership with Debifi aligns with Sygnum’s Bitcoin@Sygnum initiative to create regulated Bitcoin products.
- Sygnum offers other services such as the BTC Alpha Fund and is expanding its asset management into Germany and Liechtenstein.
- The firm also launched Sygnum Validators for non-custodial staking from Abu Dhabi Global Market (ADGM), starting with Solana [SOL].