Swiss-based Bitcoin startup Relai has introduced a strategic partnership with Sygnum Bank to launch Bitcoin-backed loans for high-net-worth people (HNWIs), enabling customers to entry liquidity with out promoting their Bitcoin, in keeping with a press launch despatched to Bitcoin Journal.
The service marks the primary of its variety in Switzerland and merges Relai’s intuitive Bitcoin funding platform with Sygnum’s regulated digital banking infrastructure. By means of this providing, Relai’s Personal shoppers can unlock the worth of their Bitcoin holdings for monetary flexibility or funding with out sacrificing their long-term crypto positions.
“At Relai, we’re building the future of Bitcoin-focused financial services. This partnership with Sygnum Bank is a huge milestone for us as a Startup,” acknowledged Julian Liniger, CEO & Co-Founding father of Relai. “Bitcoin-backed loans are a game-changer for our wealthy clients, providing them with access to cash without the need to sell their Bitcoin. We are seeing a strong demand for that, especially from high-net-worth individuals (HNWI) and small to medium-sized enterprises (SME) clients. It’s all about freedom and flexibility. As Michael Saylor says: Never sell your Bitcoin, there is no second best!”
Relai, which has develop into a number one app for purchasing Bitcoin inside a minute, says they see this growth as a pivotal step in its broader European enlargement plans. The corporate is aiming to accumulate a Markets in Crypto-Belongings Regulation (MiCA) license later this quarter, focusing on a consumer base of over 500 million throughout Europe.
“For Bitcoin maximalists and high-net-worth investors who’ve long embraced the ‘Never Sell Your Bitcoin’ philosophy, this alliance creates a financial bridge between diamond hands and real-world capital needs,” the corporate acknowledged within the press launch. Purchasers with portfolios exceeding 100,000 CHF or EUR can now entry substantial liquidity whereas sustaining long-term publicity to Bitcoin.
“We’re proud to partner with Relai, a company that shares our commitment to simplicity, transparency, and Bitcoin-first innovation,” Benedikt Koedel, CFA, Head Credit score & Lending at Sygnum Bank. “This collaboration brings the strength of our regulated credit infrastructure to new groups of private investors, empowering them to unlock liquidity without compromising their long-term vision.”As Bitcoin adoption grows, Relai’s Bitcoin-backed loans may play an even bigger function in bridging Bitcoin with conventional monetary companies throughout Europe.
