16 Oct 202416:32
Analytics
Binance Labs announced an investment in Lombard to connect BTC to DeFi

Binance Labs announced an investment in Lombard to connect BTC to DeFi

Lombard is a developer and distributor of LBTC, a Bitcoin LST that allows users to earn a yield on Bitcoin while leveraging assets in DeFi. Lombard holds 40% of Bitcoin LST market, with over $500M in TVL. Lombard is a Bitcoin liquid staking platform built on Babylon.