Just like you, @Lombard_Finance splurged on Black Friday too! ๐คฏ
In an unprecedented move, Lombard acquired BTC.b from Ava Labs ๐บ
BTC.b
๐ธ $538m TVL | 1:1 BTC backing | Since 2022
๐ธ Defi integrations with Aave, GMX, etc
๐ Lombard upgraded its security & made it multichain
With this acquisition, Lombard now offers the complete Bitcoin product suite without needing to build it from scratch:
๐ข BTC.b โ Permissionless, non-yield Bitcoin for pure exposure & max composability
๐ข LBTC โ Yield-bearing Bitcoin for productive capital
Bitcoin is $2.1t in market cap, yet less than 1% is active in DeFi. With two distinct offerings, Lombard is now set to turn BTC into the cornerstone of DeFi on every chain!

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