Mars Finance 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 SOL staking loans can reduce funding costs compared to regular SOL collateral, with part of the staking returns directly offsetting interest expenses. Sygnum uses 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 annual staking yield for SOL is approximately 5.7%. This is Sygnum's first acceptance of staked assets as collateral, reflecting the continued rise in institutional demand for cryptocurrency asset liquidity management.
Sygnum allows staked Solana to be used as loan collateral to gain liquidity and passive income
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