Exclusive: Sygnum launches MultiSYG Bitcoin loan, with BTC accounting for more than 80% of the collateral

According to Investing.com, Swiss digital asset bank Sygnum has officially launchedBitcoin As a new mortgage loan product, customers' collateral will be stored in a multi-signature wallet instead of being held separately by banks. It is designed to help currency holders obtain liquidity without giving up control of their assets.
The product, called MultiSYG, was developed by Sygnum in partnership with multi-signature lending specialist Debifi.
Sygnum told Investing.com that each customer's Bitcoin is stored in an independent and isolated exclusive wallet on the chain, and the private key is jointly managed by the customer, Sygnum Bank and independent institutional key holders.