Sygnum Bank Allows Staked Solana for Loan Collateral

By: cryptosheadlines|2025/05/16 07:30:07
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com 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.Staked Solana at SygnumSygnum, a Swiss-Singaporean digital asset bank, began offering crypto staking nearly four years ago. The firm has since diversified its interests, securing a crypto brokerage license in 2023 and achieving unicorn status with a massive funding round earlier this year. Today, Sygnum offers another staking service by letting staked Solana act as collateral for Lombard loans.To be clear, Lombard loans are a specialized type of loan that bears no relation to Lombard Protocol, a crypto staking firm. These products are typically offered to high-net-worth individuals or institutional investors, and Sygnum is offering this Solana deal to the latter category. News: 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... pic.twitter.com/6xwclpC7GL— Sygnum Bank (@sygnumofficial) May 15, 2025Sygnum already accepts over 20 different tokens as collateral for these loans, but this is its first staked option. The bank offers several key advantages for clients who pledge staked Solana. For one thing, the loans are low-cost because a large chunk of the staking rewards goes towards paying the usual fees. Clients pledging regular Solana tokens have to pay significantly more and do not receive any passive income. Sygnum hopes that this new collateral option will appeal to clients:“By enabling staked Solana as collateral, we’re addressing a key client need to optimize yield while maintaining liquidity. This enhancement builds on our proven track record in crypto-backed lending, recently demonstrated by our $50 million Bitcoin-backed syndicated loan to Ledn last August,” claimed Benedikt Koedel, Head of Credit & Lending at Sygnum.Last November, the firm’s published research suggested a growing institutional demand for crypto exposure. Its recent experience corroborates this data, as Sygnum claimed that institutional demand caused its own loan volumes to double in the last year. Staked Solana will help develop Sygnum’s loan collateral portfolio to meet this increased demand.The bank’s in-house custody service will offer full segregation of client positions on-chain, instead of a pooled solution that mingles assets together. Sygnum will also stake Solana itself through channels like its “user interface, API integration, or client relationship managers.” These tools ensure security and flexibility for all institutional clients.DisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.Source link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

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Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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