Lombard

Lombard is a company focused on expanding the utility of Bitcoin within the decentralized finance (DeFi) ecosystem. Through its flagship product, LBTC (Liquid Bitcoin), Lombard enables Bitcoin holders—from individual users to large institutions—to utilize their Bitcoin for various DeFi activities. This includes earning yield, staking, and engaging in lending, borrowing, and trading, all while maintaining the integrity and value of the original Bitcoin asset.

Lombard aims to unlock the economic potential of Bitcoin, which often sits idle as a store of value. By bridging Bitcoin with DeFi, the company taps into a massive market where over $1 trillion worth of Bitcoin could be put to use, contributing significantly to the liquidity of decentralized platforms and networks. The LBTC token, a secure Bitcoin liquid-staked token, is designed to offer seamless cross-chain functionality, enabling Bitcoin to be leveraged across various DeFi protocols and platforms.

In its effort to scale Bitcoin’s involvement in DeFi, Lombard has collaborated with prominent players in the space, including the Babylon Bitcoin Staking Protocol. The company’s model allows users to earn a native yield by providing economic security to these networks, which is particularly crucial as PoS (Proof-of-Stake) systems rely on robust collateral for security.

Lombard is also dedicated to ensuring the security and decentralization of its protocol, employing measures like decentralized validators, audits, bug bounties, and threat monitoring. With support from notable investors and backing from Polychain Capital, Lombard is well-positioned to play a pivotal role in connecting Bitcoin to the broader DeFi ecosystem​.