Lombard Acquires BTC.b from Ava Labs in First-of-Its-Kind Deal

Bitcoin will power the new financial system. Lombard is building the infrastructure to make that vision a reality.
16 years ago, Bitcoin set the foundation for the onchain revolution, inspiring DeFi, stablecoins, and the tokenization movement. Yet today, BTC sits idle and its ecosystem remains dormant.
Lombard exists to change this. Over the past year, we proved demand for BTC onchain. LBTC, Bitcoin's leading liquid-staking token, brought over $2 billion net-new liquidity onchain, and was adopted by leading DeFi protocols, catalyzing a new wave of Bitcoin developer adoption.
Our vision is clear: be the driving force for Bitcoin onchain, just as Circle and Tether were for stablecoins. We aren’t just building the infrastructure, we’re creating the liquidity flywheels, distribution engines, and onboarding mechanisms that power industry-wide growth.
The Lombard team was assembled from leaders at Polychain, Coinbase, Ripple, Maple, Argent and bring deep expertise across crypto, finance, and engineering — united by the belief that a permissionless Bitcoin economy isn’t just possible, it’s necessary.
Distribution Layer
Mission: Mobilize BTC across all onchain ecosystems.
- LBTC
- Lombard Vaults
- Lombard DeFi Marketplace
Middleware
Mission: Hyper-scale users and liquidity.
- Cross-chain BTC
- Lombard SDK
- Tokenized & Institutional Products
- Lombard Ledger (Bridge)
Base Layer
Mission: Enable permissionless innovation on Bitcoin.
- Trustless BTC Bridging
- Comprehensive Developer Platform for Building with BTC
The leading Bitcoin bridge, secured by 14 trusted digital asset institutions.
The new BTC primitive will enable developers to onboard BTC in both wrapped and staked forms
We're building a basis trade vault & tokenized options vault with leading institutions
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