Lombard Staked BTC

Built on the principles of permissionless innovation and decentralized finance, Lombard Staked BTC (LBTC) is a yield-bearing token that brings native yield to Bitcoin holders for the first time. By staking their BTC and minting LBTC on the Lombard App, users can earn a native yield while staying liquid for use in DeFi protocols. This innovative approach has already attracted significant adoption, with over $3 billion net-new liquidity onboarded to 12 leading blockchains.

The technology behind LBTC is built on a transparent, verifiable architecture that ensures every token is 1:1 backed by native Bitcoin and verifiable onchain. The decentralized validator network secures the protocol and user funds, providing an additional layer of security and trustlessness. This innovative architecture enables developers to onboard BTC in both wrapped and staked forms, paving the way for a new wave of permissionless innovation on the Bitcoin blockchain.

LBTC has already demonstrated its utility as a preferred collateral for lending, liquidity provisioning, and trading across 14 leading blockchains. The token's native yield-bearing mechanism has also attracted significant attention from DeFi protocols, with many integrating LBTC into their ecosystems. As the first-of-its-kind deal between Lombard and Ava Labs demonstrates, LBTC is poised to become a driving force for Bitcoin onchain, just as Circle and Tether were for stablecoins.

The Lombard team behind LBTC brings deep expertise across crypto, finance, and engineering, united by the belief that a permissionless Bitcoin economy isn't just possible, it's necessary. With notable partnerships with Veda and Chainlink, Lombard is collectively secured by leading digital asset institutions, working together to drive adoption of its suite of onchain products.

As part of its roadmap, Lombard plans to continue developing the assets and infrastructure to build Bitcoin Capital Markets onchain. The company's vision is clear: be the driving force for Bitcoin onchain, mobilizing BTC across all onchain ecosystems and hyper-scaling users and liquidity through its middleware solutions. With LBTC at its core, Lombard is poised to revolutionize the way Bitcoin is used and interacted with onchain, unlocking new value and opportunities for holders, developers, and institutions alike.