Sygnum Launches Bitcoin Loans With Collateral Keys Shared Across Parties

TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arrangement spreads control of collateral across several parties, while borrowers remain exposed to the economics of a secured loan.
Sygnum and Debifi launched MultiSYG on October 23, bringing shared control of Bitcoin collateral into the bank’s lending business. Each borrower receives a dedicated wallet with keys distributed among several parties.
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