Introducing Lombard & LBTC
Lombard is dedicated to expanding the digital economy by transforming Bitcoin’s utility from a mere store of value into a productive financial tool. While Bitcoin remains the world’s largest crypto asset, with over $1 trillion worth of Bitcoin often sitting idle, its utility is limited compared to other digital assets. Lombard sees a significant opportunity to change this by connecting Bitcoin to decentralized finance (DeFi).
Lombard is driven by the fact that if just 10% of Bitcoin's $1.5 trillion market cap flows into DeFi, the total value locked (TVL) in the ecosystem could more than double, catalyzing unprecedented growth and enabling sustainable market dynamics over time. Lombard believes this potential can be unlocked through a security-first liquid Bitcoin primitive—LBTC. Our flagship product, LBTC, is a secure Bitcoin liquid staked token (LST), designed to empower anyone—from individual holders to large institutions—to amplify the utility of their Bitcoin. It allows users to earn a native yield from providing economic security to networks via Babylon and participate in DeFi, all while maintaining the value of the original asset. By building LBTC on top of Babylon, Lombard’s LBTC bridges the gap between Bitcoin’s immense economic value, security capabilities, and the dynamic opportunities within PoS and DeFi ecosystems, marking a transformative phase for Bitcoin in the decentralized economy.
Join our journey
Open the WebApp: https://www.lombard.finance/app/
Visit our website: www.lombard.finance
Read our news: https://www.lombard.finance/blog/
Follow us on X (Twitter) and LinkedIn
Visit our Dune Dashboard: https://dune.com/lombard_protocol/lombard
About Lombard
Lombard’s founding team is composed of DeFi experts from Polychain, Babylon, Argent, Coinbase, and Maple. Each team member brings extensive experience in starting, scaling, and operating companies in the DeFi space.
Lombard is incubated by Polychain Capital. Polychain Capital’s incubation of Lombard provides financial backing and access to its expert teams and resources. Polychain Capital led Lombard's $16 million seed round in July 2024. The round welcomed participation from Babylon, dao5, Franklin Templeton, Foresight Ventures, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, OKX Ventures, and Robot Ventures and more. Read more.
Named after the historic Lombard Street in London—a hub of financial activity since the Middle Ages—Lombard symbolizes a place where all participants are connected to opportunity. By adopting the Lombard name, we rebuild its legacy on digital blocks, transforming it into a modern nexus of innovation and connectivity.
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