Lombard

Lombard is a company focused on unlocking Bitcoin’s potential as a dynamic financial tool by connecting it to decentralized finance (DeFi) with LBTC. LBTC is a liquid and yield-bearing representation of Bitcoin, designed for composability and access to opportunities in decentralized finance. It enables Bitcoin holders to earn yield, stake, trade, and transfer their assets in DeFi without sacrificing liquidity or security. The company is driven by the belief that Bitcoin’s immense economic value can be harnessed to secure Proof-of-Stake (PoS) networks and drive sustainable growth in the digital economy.

Lombard's vision is to make Bitcoin a universal primitive in DeFi, a security asset for PoS networks, and a connective tissue across the entire blockchain ecosystem. They have a phased rollout plan, with a Private Beta completed and a Public Beta in progress. Lombard is committed to expanding LBTC’s reach to Ethereum Layer-2 networks, and eventually to innovative Bitcoin Layer-2s and next-generation blockchain networks. Their team comprises experts from Polychain, Babylon, Argent, Coinbase, and Maple, bringing extensive experience in starting, scaling, and operating companies in the DeFi space.

Lombard's mission is to unlock the full potential of Bitcoin by transforming it from a static store of value into a dynamic financial tool within the decentralized finance (DeFi) ecosystem. They aim to achieve this by providing a secure, liquid, and yield-bearing representation of Bitcoin called LBTC, which can be used across DeFi protocols, lending platforms, and exchanges. Lombard's vision is to create a future where Bitcoin is a universal primitive in DeFi, a security asset for PoS networks, and a connective tissue for the entire blockchain ecosystem.

Lombard promotes a culture of collaboration and innovation, uniting a diverse team of DeFi experts to build a secure, trust-minimized, and accessible decentralized finance ecosystem. They emphasize the importance of connecting with the community through regular updates, open communication, and transparent information sharing. Their approach encourages active participation and engagement from both individual users and institutional partners, creating a collective drive towards the shared goal of integrating Bitcoin into DeFi.