Sygnum partners with Debifi to launch multisig collateral model for Bitcoin‑backed loans

Sygnum Bank has partnered with crypto lender Debifi to launch a loan platform that will let borrowers keep partial control of their BTC during the loan term, according to a press release from ￰0￱ platform is called MultiSYG and it will be release in the first half of 2026 with a focus on institutions and high-net-worth clients who want “access to bank-level lending without having to surrender their assets fully into custody,” said the ￰1￱ uses five total parties: Sygnum, the borrower, and independent ￰2￱ movement of collateral requires three ￰3￱ goal is to prevent rehypothecation, a practice where lenders quietly reuse client collateral to support separate financial ￰4￱ can also check their funds on-chain throughout the loan period, according to the ￰5￱ the multisig structure Multi-signature wallets are often used for group-owned assets or corporate treasury operations because they require more technical knowledge than typical wallets, which usually rely on a single private ￰6￱ a regular wallet, there is one public address and one private ￰7￱ public address receives ￰8￱ private key signs transactions and grants access to the ￰9￱ consumers rely on software or hardware wallets that store private keys for them, requiring only a PIN or password to unlock.

Multi-signature setups add extra security by splitting signing power across multiple ￰10￱ they still come with ￰11￱ the software managing the signatures is compromised, or if signers’ credentials are exposed, funds can still be at ￰12￱ Eberle, the initiative lead for Bitcoin projects at Sygnum Bank, said the setup allows borrowers to “hold your own keys while accessing regulated banking products and white-glove service.” Pascal added that borrowers would still receive bank-grade pricing, drawdown options, and flexibility in loan duration, while also maintaining cryptographic proof that the BTC remains in ￰13￱ though, software and access credentials can be hacked and stolen, so while these wallets offer more security than other wallets, they can still be altered for malicious purposes.

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