Sygnum allows staked Solana to be used as collateral for loans to obtain liquidity and passive income

2025-05-16 10:35:11

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ChainCatcher news, according to Beincrypto, digital asset bank Sygnum allows staked Solana (SOL) to be used as a loan collateral option, enabling institutional clients to retain staking rewards while obtaining liquidity.

Sygnum stated that staking SOL loans can reduce funding costs compared to regular SOL collateral, with a portion of staking rewards directly offsetting interest expenses. Sygnum employs an independent on-chain custody solution, completing staking operations through API or client manager channels.

Last August, the bank issued a $50 million Bitcoin-backed loan. The current annualized staking yield for SOL is approximately 5.7%. This is the first time Sygnum has accepted staked assets as collateral, reflecting the growing demand from institutions for liquidity management of crypto assets.

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