Sygnum Bank Breaks Tradition: Staked SOL Now Backs Fiat Loans
Swiss crypto-native bank Sygnum just flipped the script—staking rewards aren’t just passive income anymore. They’re collateral.
The move: Customers can now pledge staked Solana (SOL) to secure Swiss franc or euro loans. No unstaking, no sell pressure—just liquidity against your locked-up stack.
Why it matters: Traditional banks demand houses or stocks as collateral. Sygnum’s play treats staked crypto like any other asset class—while quietly proving DeFi concepts work for institutional players.
The cynical take: Nothing says ’mature market’ like banks finally realizing crypto holdings can be monetized... right before regulators clamp down.