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Introducing Lombard

Lombard is building onchain Bitcoin Capital Markets, to unlock the full potential of the most important asset of our generation.

Founded in 2024, Lombard pioneered Bitcoin's integration into DeFi with LBTC, the leading liquid staked token, secured by a consortium of top institutions.

In under 1 year, LBTC revealed massive demand for Bitcoin onchain:

  • Fastest-growing yield-bearing token in crypto history: $1 billion in TVL in just 92 days, and onboarded over $3 billion net-new liquidity to 13 blockchains.

  • Sparked a Bitcoin DeFi renaissance: LBTC inspired leading DeFi protocols—Aave, Morpho, Maple, Pendle, Etherfi, and EigenLayer—to strategically prioritize Bitcoin integrations, something never done before.

  • Unified leading institutions: Lombard’s Security Consortium includes OKX, Galaxy, DCG, Wintermute, Amber Group, Figment, P2P, and more—providing scalable, institutional-grade security for a decentralized Bitcoin primitive.

  • Established the playbook for Bitcoin DeFi: Over 80% of LBTC is active in DeFi. Our vault strategies have activated over $750M across new ecosystems. Partnering with Lombard became the single fastest way for chains & protocols to onboard Bitcoin liquidity.

  • Exchange Adoption: The Lombard SDK powers Bitcoin staking for exchange wallets such as Binance and Bybit, which offer $LBTC minting to their users directly within the applications.

Today, Lombard is building full-stack infrastructure to accelerate onchain BTC adoption by holders, protocols, and platforms. Read our roadmap.

Our Mission and Vision

16 years ago, Bitcoin set the foundation for the onchain revolution, inspiring DeFi, stablecoins, and the tokenization movement. Yet today, BTC sits idle and its ecosystem remains dormant.

Lombard exists to change this.

Our vision is clear: be the driving force for Bitcoin onchain, just as Circle and Tether were for stablecoins. We aren’t just building the infrastructure, we’re creating the liquidity flywheels, distribution engines, and onboarding mechanisms that power industry-wide growth.

The Lombard team was assembled from leaders at Polychain, Coinbase, Ripple, Maple, Argent and bring deep expertise across crypto, finance, and engineering — united by the belief that a permissionless Bitcoin economy isn’t just possible, it’s necessary.

Lombard is built and backed by digital asset leaders (Polychain, Franklin Templeton, YZi Labs (formerly Binance Labs), top DeFi protocols, institutions, and exchanges. Lombard's recent (September 25) Community Sale of $BARD raised $6.75 million at a $450 million FDV from 21,340 verified participants from 132 countries worldwide. Hosted by Buidlpad, it was oversubscribed by 1,400%.

Join our journey

NextOur Roadmap to Build Bitcoin Capital Markets Onchain

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