TechFlow news, October 24 — According to Crowdfundinsider, digital asset banking group Sygnum Bank has announced a collaboration with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG — a Bitcoin-native multi-signature lending service. The product is set to launch next year and is claimed to be the first multi-signature Bitcoin lending solution offered by a regulated bank. The service will roll out to all Sygnum Bank clients in the first half of next year.
Debifi CEO Max Kei stated that the structure enables borrowers to "verify their collateral on-chain while continuing to benefit from Sygnum's banking relationships and services." Sygnum Bank's Pascal Eberle noted that borrowers can enjoy bank-grade pricing, flexible withdrawals, and loan tenors, while "maintaining cryptographic proof and partial control over their assets through multi-signature technology."
