Digital asset bank Sygnum allows staked Solana (SOL) to be used as collateral for loans, helping institutional clients retain staking rewards while obtaining liquidity. Sygnum states that staking SOL loans can reduce financing costs compared to regular SOL-collateralized loans, with a portion of staking rewards directly offsetting interest expenses. The bank completes staking operations through an independent on-chain custody solution, accessible via API or account managers. In August last year, Sygnum issued a $50 million Bitcoin-collateralized loan. Currently, the annualized yield for staked SOL is approximately 5.7%. This is Sygnum's first time accepting staked assets as collateral, reflecting the ongoing growth in institutional demand for liquidity management of crypto assets.

PANews reported on May 16 that according to Beincrypto, digital asset bank Sygnum allows pledged Solana (SOL) as a loan collateral option, allowing institutional clients to retain staking income while obtaining liquidity. Sygnum said that staking SOL loans can reduce funding costs compared to ordinary SOL mortgages, and part of the staking income can be directly deducted from interest expenses. Sygnum uses an independent on-chain custody solution to complete the staking operation through API or account manager channels. In August last year, the bank issued a $50 million Bitcoin mortgage loan. The current annualized yield on SOL staking is about 5.7%. This is the first time Sygnum has accepted pledged assets as collateral, reflecting the continued increase in institutional demand for crypto asset liquidity management.

Sygnum allows staking Solana as collateral for loans, enabling institutional clients to retain staking rewards.