Sygnum enables staked SOL as collateral as Lombard Loan Volume Doubles

Sygnum enables staked SOL as collateral as Lombard Loan Volume Doubles
  • Sygnum adds staked Solana (SOL) to its growing portfolio of over 20 tokens eligible as collateral for Lombard loans, allowing clients to maintain staking rewards while accessing fiat liquidity
  • Triple-digit growth sees Sygnum’s loan volume double over the past 12 months, reflecting strong institutional demand for crypto-backed credit facilities
  • SOL staking service enables clients to earn passive income through Sygnum’s institutional-grade custody platform with full on-chain asset segregation
  • Follows Sygnum’s landmark USD 50 million Bitcoin-backed syndicated loan to Ledn in August 2024

Zurich, Switzerland, 15 May 2025 — Sygnum, a global digital asset baking group, today announced the expansion of its credit offerings by adding staked Solana (SOL) as eligible collateral for its Swiss Franc, Euro, Singapore dollar and US dollar-denominated Lombard loans.[i] This allows Sygnum clients to unlock liquidity from their staked Solana holdings while continuing to earn staking rewards, creating dual-income potential from a single crypto asset. Additionally, Lombard loans that pledge staked SOL as collateral are low-cost because the generated staking rewards are used to cover the majority of the fees.

The addition of staked SOL complements Sygnum’s existing Lombard loan collateral portfolio, which already includes over 20 different tokens includes BTC, ETH, SOL (unstaked), POL and XRP. This development comes at a time of significant growth for Sygnum’s lending business, which has seen loan volumes double over the past 12 months as institutional demand for crypto-backed financing continues to rise.

“By enabling staked Solana as collateral, we’re addressing a key client need to optimise yield while maintaining liquidity,” said Benedikt Koedel, Head of Credit & Lending at Sygnum Bank. “This enhancement builds on our proven track record in crypto-backed lending, recently demonstrated by our USD 50 million Bitcoin-backed syndicated loan to Ledn last August.”

Alongside Solana’s collateral functionality, Sygnum’s Solana staking service enables clients to generate staking rewards on their SOL holdings through the bank’s institutional-grade custody and staking platform.[ii] Unlike pooled staking solutions that co-mingle client assets, Sygnum’s approach provides full segregation of client positions on-chain. The new staking service is accessible through multiple channels, including Sygnum’s user interface, API integration or via client relationship managers.

Thomas Brunner, Head of Custody & Staking at Sygnum Bank, commented: “Solana has established itself as a leading Layer 1 blockchain with significant adoption. As the second-largest staking token by staked market capitalisation, adding SOL staking capabilities was a natural evolution of our offering. Combined with our Lombard loan functionality, clients can now maximize the utility of their Solana holdings.”

[i] Staked SOL is not accepted for all clients; residents of certain countries are not eligible.
[ii] Staking rewards vary based on market and network conditions and are less fees.

About Sygnum
Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenization and B2B services.

In Switzerland, Sygnum holds a banking license and has CMS and Major Payment Institution licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg and is registered in Liechtenstein.

We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum’s mission and values are shaping this digital asset ecosystem, please visit sygnum.com and follow us on LinkedIn and X.

Media Contact:
Dominic Castley, Chief Marketing Officer
[email protected]

Sygnum Bank AG,
Uetlibergstrasse 134a,
8045 Zurich, Switzerland

Disclaimer: The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorisation or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

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