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You Can Get a Multisig Bitcoin Loan at a Bank, as Sygnum and Debifi Debut

You Can Get a Multisig Bitcoin Loan at a Bank, as Sygnum and Debifi Debut
Photo: Bitcoin.com News

BTC when published $81,594Now $80,601 ▼ −1.22% since it was published

A growing market for bitcoin-backed, multisig-secured loans now has what appears to be its first bank offering this type of product, as Sygnum and Debifi delivered on a promise made a year ago. Switzerland-headquartered digital asset bank Sygnum and Latvian bitcoin lending platform Debifi launched MultiSYG, a loan product that secures collateral in a multisig wallet. Similar products already exist, but this appears to be the first time a regulated bank has offered this type of loan to bitcoin holders. Announced a year ago, the product was slated to debut in the first half of 2026. At the time of writing, Sygnum advertised the product on its website, but it was not yet available for use.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin.com News (opens in a new tab)

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