- Sygnum enables SOL as a loan security and thus offers double return and liquidity access.
- The crypto credit volume at Sygnum doubled within a year, driven by the increasing institutional demand.
Sygnum Bank has expanded its lending services for digital assets to give customers the opportunity to use secured Solana (SOL) as security for Fiat loans. This happens against the background of the growing institutional interest in crypto -based loans. The bank’s crypto credit volume has doubled in the past 12 months.
The bank, based in Switzerland, now offers this function for several Fiat currencies, so that customers can continue to use rewards and at the same time release liquidity. Sygnum sees this in response to the developing customer needs after optimization and capital efficiency.
Staked Sol Collateral now supports loans in several currencies
In a blog post yesterday, Sygnum Bank announced that customers can now pledge their secured SOL in order to obtain lombard loans in Swiss francs (CHF), Euro (EUR), Singapore dollar (SGD) and US dollar (USD). According to the bank, this means that customers can release Fiat liquidity with their secured SOL stocks and at the same time receive operational premiums, which is practically a double income option.
According to Sygnum, the loans against secured Sol stocks are cost-effective, since a large part of the fees are compensated for by the premiums. Benedikt Koedel, head of the loan and lending department at Sygnum Bank, said: “We respond to an important customer priority: the optimization of the returns without sacrificing liquidity“
Staked Solana is the latest addition to the existing security options of Sygnum, which already covers important digital assets such as Bitcoin (BTC), Ethereum (ETH), Unstaked Sol, Ripple’s XRP, Polkadot (DOT) and other old coins. The bank says that the improvement is part of a broader effort to increase the flexibility and benefit of its crypto credit platform.
Institutional demand drives growth in the lending business
The bank’s step follows significant growth in the lending business, with the entire loan volume doubled in the past 12 months. This is due to the institutional demand for crypto -based financial products and services that combine return and liquidity.
Sygnum quoted the results of his investor survey carried out in November 2024, in which over 400 wealthy private individuals took part. The survey showed increasing trust in the long -term prospects of cryptocurrencies, which is powered by interest in portfolio diversification and macroeconomic risk protection. The participants associated an engagement in cryptocurrencies with higher return expectations and saw the sector as part of a larger global investment trend.
With the inclusion of Solana in the list of accepted collateral, Sygnum continues to expand its presence in the landscape of crypto finance services. The step not only strengthens the offer of the bank for institutional and private customers, but also reflects the growing interest in high -returned digital assets within structured financial products.
The announcement of Sygnum underlines a clear change in the way digital assets are integrated into traditional financial instruments, whereby the focus of maximizing benefits and returns for investors is in a regulated environment.
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