Bitcoin-backed lending platform
Swiss bank Sygnum is set to introduce a lending platform backed by Bitcoin, which will be managed through a multi-signature wallet. This platform aims to provide users with a secure and efficient way to leverage their Bitcoin holdings. By utilizing a multi-signature wallet, Sygnum enhances security and trust in the lending process. The initiative reflects Sygnum’s commitment to innovation in the digital asset space, catering to the growing demand for cryptocurrency-based financial services.
