- Sygnum and Debifi launch a BTC loan platform that keeps borrowers in control of their assets.
- MultiSYG prevents rehypothecation and allows on-chain verification of funds during the loan period.
- The platform targets institutions and wealthy individuals seeking secure and flexible digital asset loans.
Sygnum Bank has partnered with bitcoin lending startup Debifi to launch a bank-backed loan platform. The lending business is referred to as MultiSYG and it is focused on lending money without making the borrowers submit total authority of their BTC. The launch of the service is planned in the first half of 2026. The campaign will focus on organizations and wealthy individuals who want secure access to digital asset-backed loans.
The relocation is in the context of increased demand for safer crypto lending. Several past platforms such as BlockFi and Celsius collapsed because of the risks of centralization and rehypothecation. MultiSYG addresses these concerns by allowing borrowers to maintain partial control of their collateral while accessing bank-grade terms. The offering signals a shift in the market toward more transparent and risk-managed lending structures for digital assets.
Non-Custodial Model Protects Borrowers
Unlike traditional bitcoin-backed loans, MultiSYG does not require full custody of BTC. Borrowers deposit their funds into a wallet managed jointly by five parties: Sygnum, the borrower, and independent signers. Any movement of collateral requires approval from at least three parties. This model prevents rehypothecation and provides on-chain verification of funds throughout the loan period. Borrowers have the ability to track their assets physically and this creates transparency and minimizes the use of third-party custodians.
The design represents increased institutional requirements of reliable, responsible lending structures. Banks offering full custody loans typically limit borrower access to assets until repayment. MultiSYG bridges the gap by combining regulated banking products with partial asset control. The platform offers pricing, drawdown flexibility, and adjustable loan durations while maintaining cryptographic proof of holdings.
Institutional and High-Net-Worth Focus
MultiSYG targets sophisticated clients who seek both security and convenience. Single-point-of-failure risks are increasingly being preferred by institutions and rich individuals as to structure.
The site will enable such borrowers to keep their trust in their assets intact without losing access to regulated banking services. By integrating non-custodial principles, MultiSYG addresses key concerns that emerged from previous lending failures. The platform aligns with ongoing market evolution toward safer digital asset finance.
Transparent Access to Bank-Grade Loans
The collaboration between Sygnum and Debifi demonstrates a new approach to digital asset lending. Borrowers can access regulated loan products while retaining partial control of BTC. On-chain verification ensures transparency and reduces dependency on custodians. Moreover, CfC St. Moritz recently partnered with Sygnum Bank to manage its Bitcoin reserve for long-term financial stability.
MultiSYG combines security, flexibility, and bank-level service standards. It is a major move towards aligning the cryptocurrency lending with institutional expectations. The platform will create new opportunities for borrowers who want to get credible non-custodial financing.
