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Bitcoin Banks: interest rates, custody & lending with Pascal Eberle | SLP678

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Manage episode 497777266 series 2504522
Content provided by Stephan Livera. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephan Livera or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Stephan Livera interviews Pascal Eberle, Chief of Staff at Sygnum Bank, discussing the bank's unique offerings in the Bitcoin and digital assets space. They explore the growing interest in Bitcoin as a corporate treasury asset, common misconceptions about Bitcoin, and the evolving landscape of lending against Bitcoin. Pascal shares insights on Sygnum's custody solutions, interest rates, and the future of lending products that integrate Bitcoin. The conversation highlights the importance of understanding both Bitcoin and corporate finance for successful adoption.

Takeaways

🔸Sygnum Bank is a fully licensed Swiss bank focused on digital assets.

🔸The bank serves high net worth individuals and institutional clients.

🔸Bitcoin is seen as a digital capital and a better form of money than fiat.

🔸Corporate treasury companies are gaining traction in Bitcoin adoption.

🔸Common misconceptions about Bitcoin include volatility and lack of cash flow.

🔸Lending against Bitcoin is becoming more popular and regulated.

🔸Interest rates for loans at Sygnum range from 5.5% to 9.5%.

🔸Sygnum offers flexible loan terms and a unique margin call procedure.

🔸The bank employs a multi-custody strategy for asset security.

🔸Future lending products may integrate Bitcoin as a de-risking factor.

Timestamps:

(00:00) - Intro

(00:49) - Who is Pascal Eberle?

(01:52) - What is Sygnum Bank and what does it offer?

(04:28) - Why are Bitcoin Treasury Companies so alluring?; Bitcoinization of Finance

(06:27) - Are Sygnum’s clients adopting Bitcoin for their corporate treasuries?

(08:11) - What are some of the common misconceptions about Bitcoin among clients?

(11:04) - Bitcoin self custody ethos vs. BTCTCs (‘Paper Bitcoin Summer’)

(15:01) - Are large institutions considering borrowing against their Bitcoin stack?; Opportunities and Risks

(17:07) - Sponsors

(19:15) - Sygnum’s interest rates & loan terms for Bitcoin Lending

(25:14) - What is the future of On-Chain lending vs. Traditional lending?

(29:43) - Understanding Sygnum’s loan rates, fees & custody parameters

(33:52) - Legal requirements for custodying digital assets with Sygnum; EU regulations and licensing (MICA)

(37:49) - Sygnum’s client demographics

(39:23) - Bankruptcy and asset protection in swiss banking

(41:50) - How will the Bitcoin lending products evolve?

(46:55) - Client thresholds and Onboarding at Sygnum

(49:19) - Closing thoughts

Links:

⁠https://x.com/sygnumofficial⁠

Sponsors:

⁠Bold Bitcoin⁠

⁠CoinKite.com⁠ (code LIVERA)

Stephan Livera links:

Follow me on X:⁠ @stephanlivera⁠

⁠Subscribe to the podcast⁠

⁠Subscribe to Substack⁠

  continue reading

688 episodes

Artwork
iconShare
 
Manage episode 497777266 series 2504522
Content provided by Stephan Livera. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephan Livera or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Stephan Livera interviews Pascal Eberle, Chief of Staff at Sygnum Bank, discussing the bank's unique offerings in the Bitcoin and digital assets space. They explore the growing interest in Bitcoin as a corporate treasury asset, common misconceptions about Bitcoin, and the evolving landscape of lending against Bitcoin. Pascal shares insights on Sygnum's custody solutions, interest rates, and the future of lending products that integrate Bitcoin. The conversation highlights the importance of understanding both Bitcoin and corporate finance for successful adoption.

Takeaways

🔸Sygnum Bank is a fully licensed Swiss bank focused on digital assets.

🔸The bank serves high net worth individuals and institutional clients.

🔸Bitcoin is seen as a digital capital and a better form of money than fiat.

🔸Corporate treasury companies are gaining traction in Bitcoin adoption.

🔸Common misconceptions about Bitcoin include volatility and lack of cash flow.

🔸Lending against Bitcoin is becoming more popular and regulated.

🔸Interest rates for loans at Sygnum range from 5.5% to 9.5%.

🔸Sygnum offers flexible loan terms and a unique margin call procedure.

🔸The bank employs a multi-custody strategy for asset security.

🔸Future lending products may integrate Bitcoin as a de-risking factor.

Timestamps:

(00:00) - Intro

(00:49) - Who is Pascal Eberle?

(01:52) - What is Sygnum Bank and what does it offer?

(04:28) - Why are Bitcoin Treasury Companies so alluring?; Bitcoinization of Finance

(06:27) - Are Sygnum’s clients adopting Bitcoin for their corporate treasuries?

(08:11) - What are some of the common misconceptions about Bitcoin among clients?

(11:04) - Bitcoin self custody ethos vs. BTCTCs (‘Paper Bitcoin Summer’)

(15:01) - Are large institutions considering borrowing against their Bitcoin stack?; Opportunities and Risks

(17:07) - Sponsors

(19:15) - Sygnum’s interest rates & loan terms for Bitcoin Lending

(25:14) - What is the future of On-Chain lending vs. Traditional lending?

(29:43) - Understanding Sygnum’s loan rates, fees & custody parameters

(33:52) - Legal requirements for custodying digital assets with Sygnum; EU regulations and licensing (MICA)

(37:49) - Sygnum’s client demographics

(39:23) - Bankruptcy and asset protection in swiss banking

(41:50) - How will the Bitcoin lending products evolve?

(46:55) - Client thresholds and Onboarding at Sygnum

(49:19) - Closing thoughts

Links:

⁠https://x.com/sygnumofficial⁠

Sponsors:

⁠Bold Bitcoin⁠

⁠CoinKite.com⁠ (code LIVERA)

Stephan Livera links:

Follow me on X:⁠ @stephanlivera⁠

⁠Subscribe to the podcast⁠

⁠Subscribe to Substack⁠

  continue reading

688 episodes

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