Sygnum Announces Bitcoin-Backed Loan With Multi-Signature Wallets

Sygnum and Debifi announced MultiSYG, a Bitcoin-backed loan for Sygnum customers that puts pledged Bitcoin in a dedicated wallet governed by multiple keys. Control is divided among the borrower, Sygnum and independent institutional keyholders. Bitcoin script applies the wallet’s transaction approval rules. The Oct. 23 announcement did not specify the signing threshold, leaving the number of approvals required for a transaction unstated. An October 2025 plan for the product targeted the first half of 2026 and described a three-of-five signing arrangement. The new announcement did not confirm whether that threshold remains in place.