Sygnum and Debifi Collaborate to Launch Bitcoin-Backed Loan Platform MultiSYG

Key Points

• Swiss digital asset bank Sygnum and Bitcoin lending startup Debifi are launching a bank-backed Bitcoin loan platform called MultiSYG.
• The platform, which targets institutions and high-net-worth individuals, allows borrowers to retain shared control of their collateral.

Swiss digital asset bank Sygnum is collaborating with Bitcoin lending startup Debifi.

They are launching MultiSYG, a bank-backed Bitcoin loan platform that allows borrowers to maintain joint control of their collateral.

The Launch of MultiSYG

MultiSYG is set to launch in the first half of 2026.

It is targeting institutions and high-net-worth individuals who are seeking secure and transparent lending without surrendering full custody of their assets.

With MultiSYG, borrowers will not need to give up custody of their Bitcoin, a common requirement with traditional Bitcoin-backed loans.

Borrowers will deposit Bitcoin into a 3-of-5 multi-signature escrow wallet, which will be controlled by Sygnum, the borrower, and independent signers.

Pascal Eberle, the head of the MultiSYG initiative at Sygnum, stated that borrowers can benefit from bank-grade terms in pricing, drawdown flexibility, and loan duration.

They can also maintain cryptographic proof of their holdings and partial control of their Bitcoin via multi-signature technology.

Increased Demand for Secure Bitcoin Lending

The collapse of centralized lenders like BlockFi and Celsius has led to a rise in demand for non-custodial and verifiable loan structures.

MultiSYG aims to meet this demand while ensuring that assets cannot be reused or rehypothecated.

Sygnum stated that MultiSYG is part of its ongoing Bitcoin@Sygnum initiative to develop regulated Bitcoin products and infrastructure.

The bank plans to make the service available globally upon launch.

Expansion of Sygnum’s Services

The partnership with Debifi follows other offerings such as the BTC Alpha Fund, which uses arbitrage strategies to generate yield in Bitcoin, and the bank’s expansion of asset management services into Germany and Liechtenstein.

With a regulatory presence in Switzerland, Singapore, Abu Dhabi, and Luxembourg, Sygnum’s involvement in the crypto space is becoming more profound.

The firm recently introduced Sygnum Validators, which enables non-custodial staking for select blockchains from Abu Dhabi Global Market (ADGM).

Reports indicate that the first validator launch will support Solana, a significant push for the Layer 1 solution.

Solana holders can now stake their assets and earn rewards.