The Swiss banking world once again proves its pioneering role in digital finance. Geneva’s Sygnum Bank teams up with the startup Debifi to launch MultiSYG, the first platform offering bank loans guaranteed by Bitcoin, allowing borrowers to retain partial control over their assets. A small revolution in an industry still haunted by the pitfalls of former crypto lenders like Celsius or BlockFi.
Une réponse directe aux excès de la finance traditionnelle
The heart of the project lies in a simple promise: more trust, more transparency. In traditional finance, the rehypothecation, the practice of reusing a client’s collateral to finance other operations, has always made investors apprehensive. MultiSYG tackles this head-on.
Utilizing a multi-signature wallet system, each collateral movement will require three out of five signatures: Sygnum, the borrower, and several independent signatories. As a result, no party can manipulate or move bitcoins without collective validation. And it is all verifiable directly on-chain, ensuring total transparency throughout the loan.
Le meilleur des deux mondes : sécurité bancaire et autonomie crypto
Sygnum thus promises businesses and affluent investors access to premium banking conditions, competitive rates, flexibility on withdrawals, and adjustable loan durations, all without giving up custody of their BTC.
On the other hand, Pascal Eberle, head of the Bitcoin@Sygnum initiative, describes MultiSYG as a fusion of Swiss banking rigor and the decentralized spirit of Bitcoin. According to him, it is “the first time a regulated institution has offered such a transparent and user-controlled BTC lending solution.”
Un signal fort envoyé au marché institutionnel
The launch of MultiSYG, slated for the first half of 2026, comes at a time when financial products backed by crypto are regaining favor. Institutional players, wary of past scandals, now demand more robust and traceable structures. Sygnum, already renowned for its exemplary regulatory approach, aims to pave the way for a new generation of hybrid banking services.
The significance goes beyond just crypto lending. MultiSYG could become the benchmark model for reconciling decentralized custody and institutional compliance, a terrain long considered incompatible. An advancement that confirms Bitcoin’s evolution from a speculative asset to a true pillar of global finance.
