Lombard

Meet the team at ETHDenver! Jacob Phillips Maksym Repa Matthew Donovan and George Beall, will be in town for keynotes, panels, and exciting events! Here's where you can find them:

Introducing scBTC by Rings Protocol. A fully backed, yield-bearing Bitcoin asset on Sonic, collateralized with LBTC by Lombard and eBTC by ether.fi. ?? Learn more: https://lnkd.in/ejGynGjB

?? Excited to announce that Kiln is joining the Lombard Security Consortium as an inaugural member! We're proud to be part of this groundbreaking initiative alongside other industry leaders like Galaxy, OKX., Wintermute, and Amber Group to help unlock Bitcoin's full potential in the digital economy. The Lombard Security Consortium represents a new era in Bitcoin infrastructure, bringing together 14 leading institutions to provide decentralized security and validation for Bitcoin-based financial products. As an enterprise platform specializing in institutional digital asset rewards, we understand the critical importance of robust security infrastructure in driving mainstream adoption. Through this consortium, we'll be working to: ?? Validate transactions and secure the Lombard protocol ?? Enable seamless Bitcoin staking and unstaking ???Support cross-chain bridging capabilities ???Participate in protocol governance This collaboration sets a new standard for security and transparency in Bitcoin finance. We're particularly excited about the potential to help scale secure Bitcoin liquidity to $100B+ while maintaining the highest security standards. Thank you to the Lombard team for bringing together this impressive group of partners. We look forward to working alongside our fellow consortium members to build the future of Bitcoin infrastructure. #Bitcoin #Blockchain #DigitalAssets #DeFi #CryptoInnovation #FinTech

We're proud to announce the Lombard Security Consortium, a decentralized consensus mechanism securing Bitcoin liquidity at scale—starting with 14 industry-leading digital asset institutions. Galaxy Wintermute Amber Group OKX ANTPOOL Technologies Pte. Ltd. Chorus One Cubist f2pool Figment Kiln Informal Systems Nansen P2P.org Through collective consensus from independent parties with uncorrelated security setups, the Consortium facilitates every transaction on the Lombard protocol, including mints, redemptions, staking and bridging. The design eliminates single points of failure, while transparency is achieved by recording all activities on the Lombard Ledger, a Byzantine fault-tolerant blockchain, which provides a verifiable and immutable record of operations. The unification of leading digital asset institutions around the Lombard Protocol establishes LBTC as a shared financial primitive and sets a new standard for security and transparency in Bitcoin finance—a market in desperate need of security best practices. Today, we take a major step toward unlocking Bitcoin’s full potential. Read more: https://lnkd.in/eFrJFkqb

Lombard is heading to Consensus in Hong Kong from Feb 18-20! Here’s where you can find us throughout the week: Feb 18 | Happy Hour with Galaxy https://lu.ma/awrckkbh Feb 20 | Mainstage Panel: Bitcoin’s New Layer Feb 20 | Build, Scale, Connect hosted by Chainlink and Ava Labs https://lnkd.in/dtNysTj2

Bitcoin is becoming a more productive asset on-chain thanks to Lombard & Babylon Labs. Historically, the only way to earn yield on BTC was by lending it to market makers and prop firms, which turned out to be risky (look no further than what happened to BlockFi, Celsius, and others). Removing credit risk from BTC yield could unlock trillions of dollars in potential on-chain activity. Mirko S. spoke with Jacob Phillips on how Lombard is delivering trust-minimized BTC to DeFi today. https://lnkd.in/dye8NqdX

January saw Lombard and LBTC continue to dominate the Bitcoin staking space. In this month’s newsletter, we dive into LBTC’s sustained growth, and its integration with Aave, the world's largest lending protocol. We also cover Lombard’s biggest protocol upgrade yet, enabling native BTC staking and cross-chain bridging, which opens up new opportunities for Bitcoin in DeFi. Additionally, we look ahead to February, with exciting developments including expansion to Sui and Solana, as well as upcoming industry events where you can meet the Lombard team at Consensus and ETHDenver.

??? The Bitcoin staking landscape is rapidly evolving. Protocols like Babylon Labs have demonstrated significant growth, attracting substantial capital. ?? This surge is also fueled by the rise of Liquid Staking Tokens (LSTs), such as those offered by Lombard, Solv Protocol, PumpBTC, ether.fi and more which provide increased flexibility for stakers. ?? LSTs enable users to stake their Bitcoin and receive a liquid token representing their staked position. This token can be used for various purposes, including trading, lending, and participating in other DeFi protocols. ?? Check our complete blog post covering the topic in the comments section

LBTC now live on AAVE LBTC is the first and only Bitcoin LST to make the leap onto AAVE — the world's largest lending protocol. LBTC joins Aave’s Core market on Ethereum following successful risk assessments by Chaos Labs, LlamaRisk, and BGD labs. The teams reviewed LBTC's core performance metrics and security protocols to determine its status as blue-chip collateral, with the deep liquidity. AAVE users can now borrow ETH, USDC, WBTC, and more against LBTC, as well as supply liquidity to earn interest. The DeFi and Bitcoin Renaissance is in full swing!

As we welcome 2025, we reflect on an incredible year of growth at Lombard. From launching the industry-leading Bitcoin LST to becoming the fastest-growing staking protocol and onboarding over $1.2 billion in net-new capital to DeFi, Lombard made significant strides toward its mission of connecting Bitcoin to DeFi. ? In this issue, we revisit key highlights from the past year and provide a glimpse into exciting developments planned for 2025. Here’s to a future where Bitcoin drives innovation and growth.?