- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Crypto Bank Sygnum Expands Loan Collateral to Include Staked Solana
By: crypto economy|2025/05/16 01:45:05
0
Share
TL;DRSygnum now allows staked SOL to be used as collateral in Lombard loans, combining fiat liquidity access with staking rewards in a single operation.The move responds to growing institutional demand for Solana and its position as the second-largest staked token by market capitalization.The initiative lowers net borrowing costs through staking yields while keeping client assets strictly segregated on-chain for full traceability.Sygnum Bank has officially added staked Solana (SOL) to its crypto-backed lending services.The Swiss and Singapore-based institution will now let its institutional clients use staked SOL as collateral for Lombard loans, denominated in Swiss francs, euros, Singapore dollars, and US dollars. This structure delivers a dual advantage: clients can access fiat liquidity without liquidating their asset while continuing to earn staking rewards as the SOL remains locked.The goal is to help users maximize crypto returns without compromising the flexibility of their holdings. Through this mechanism, the staking rewards offset a significant portion of the loan’s interest costs, lowering the overall expense of the transaction. At the same time, the bank enforces strict on-chain segregation of client assets, preventing any co-mingling of positions and preserving the individual traceability of funds.Sygnum Bets on Solana’s Institutional MomentumThis decision follows growing institutional interest in Solana, fueled by futures ETF filings and speculation around upcoming spot investment vehicles based on SOL. The bank described this addition as a natural step, given that SOL ranks as the world’s second-largest staking token by market capitalization and continues to gain steady adoption as a layer-one blockchain.How to Access the New Service?Sygnum’s staking service is accessible through its digital platform, via API integration, or directly through dedicated account managers. Currently, its Lombard loan collateral portfolio covers more than 20 crypto assets, including Bitcoin, Ethereum, Polygon, and XRP. Meanwhile, the bank has seen rapid growth in its crypto-backed lending business, doubling its loan volume over the past 12 months.Back in August 2024, Sygnum formalized a $50 million syndicated Bitcoin-backed loan for Ledn. Since its founding in 2017, the digital asset bank has secured licenses in five jurisdictions and, following a $58 million funding round, surpassed a $1 billion valuation
You may also like
Ten Thousand Words Interpretation of STRC: Strategy for Making Money to Buy Coins New Magic
The real momentum of the BTC rebound - for every 1 dollar of STRC issued, there corresponds 3 dollars of BTC buying.
What competitive advantages are still defensible in the AI era?
Based on the signals received, determine the direction, and act immediately
For Whom the Bell Tolls, For Whom the Lobster Feeds? A Dark Forest Survival Guide for the 2026 Agent Player
If an AI has read Machiavelli and is much smarter than us, they would be very good at manipulating us — and you wouldn't even realize what's happening.
Circle CEO's Latest Interview: Stablecoins Are Not Cryptocurrency
The true meaning of a stablecoin is to turn the US dollar into an internet-native currency and eventually create an internet financial platform
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.
Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.
In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.
The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.
On the eve of the explosion of on-chain options
Options are becoming a new anchor in the cryptocurrency market.
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
Ten Thousand Words Interpretation of STRC: Strategy for Making Money to Buy Coins New Magic
The real momentum of the BTC rebound - for every 1 dollar of STRC issued, there corresponds 3 dollars of BTC buying.
What competitive advantages are still defensible in the AI era?
Based on the signals received, determine the direction, and act immediately
For Whom the Bell Tolls, For Whom the Lobster Feeds? A Dark Forest Survival Guide for the 2026 Agent Player
If an AI has read Machiavelli and is much smarter than us, they would be very good at manipulating us — and you wouldn't even realize what's happening.
Circle CEO's Latest Interview: Stablecoins Are Not Cryptocurrency
The true meaning of a stablecoin is to turn the US dollar into an internet-native currency and eventually create an internet financial platform
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.
App