Sygnum Allows Staked Solana as Loan Collateral for Liquidity and Passive Income

Sygnum announced today that it’s adding staked Solana to its portfolio of tokens eligible to use as loan collateral. This will allow institutional clients to access fiat liquidity and staking rewards at the same time. The firm already accepts Solana and at least 20 other tokens for loan collateral, but this is its first staking option. Booming institutional demand caused Sygnum’s loan volumes to double in one year, encouraging the company to diversify source: https://beincrypto.com/sygnum-bank-staked-solana-loan-collateral/