Canton is quickly emerging as the infrastructure of choice for global institutions — connecting banks, liquidity providers, and market infrastructures to build new standards for collateral management, settlement, and tokenized markets.

Today, Lombard has joined the Canton Network as a validator, expanding institutional Bitcoin use-cases within the ecosystem.

Why Canton

Despite being the world’s largest digital asset, Bitcoin’s role in institutional financial workflows has remained limited. Traditional wrapped BTC products rely on custodians and centralized issuers, while institutional chains have yet to deeply integrate Bitcoin as productive collateral.

Canton is solving this gap. Designed for regulated markets, its privacy-preserving and interoperable architecture is already being adopted by financial institutions to launch next-generation infrastructure for tokenized assets, repo markets, and settlement rails.

By becoming a validator, Lombard reinforces Bitcoin’s representation in the governance and resilience of this ecosystem. But this is only the beginning. Lombard plans to launch LBTC and its full suite of institutional-grade products on Canton in the coming months — unlocking new ways for Bitcoin to serve as productive, compliant collateral across capital-market applications.

Lombard brings institutional-grade Bitcoin security and infrastructure to the Canton ecosystem

Lombard enters Canton not just as another validator, but as the category leader in Bitcoin Finance.

• $3B+ assets onboarded
• The majority of liquid Bitcoin onchain flows through Lombard
• LBTC, the first yield-bearing Bitcoin, secured by a consortium of 15 leading institutions including Kraken, OKX, Galaxy, and Wintermute

LBTC transforms Bitcoin from idle collateral into productive collateral, delivering ~1% BTC-denominated yield natively while preserving full BTC exposure. It is integrated across 13 ecosystems — from Ethereum to Solana — and is already trusted by the largest DeFi protocols and centralized platforms alike.

But Lombard brings more than scale. Its security model — combining institutional-grade custody with the validator consortium behind LBTC — directly parallels Canton’s vision of compliance, privacy, and interoperability. This makes Lombard uniquely positioned to bridge Bitcoin into the workflows Canton is building for global institutions.

Strategic Impact: Bitcoin in Institutional Workflows

The significance of Lombard’s entry into Canton goes beyond yield or DeFi integrations. It represents a major step in embedding Bitcoin into the same trusted workflows already used by banks, custodians, and market infrastructures.

For institutions, this means Bitcoin can be deployed as productive, compliant collateral in applications ranging from:

• Collateral optimization for financial markets
• Settlement of tokenized assets and payments
• Liquidity management across interoperable ledgers

This is the foundation for a new era where Bitcoin evolves from a passive store of value into the backbone of institutional onchain finance.

“Joining Canton as a validator is the first step in a broader vision. Lombard was built to make Bitcoin an institutional asset, and Canton provides the infrastructure to bring that mission to scale. We look forward to introducing LBTC and our products to the ecosystem in the coming months.” - Jacob Phillips, Co-founder, Lombard

“Lombard’s arrival on the Canton Network is more than an addition — it’s a catalyst. Their proven leadership in bringing Bitcoin onchain ensures that the world’s most important digital asset will amplify the interoperable, institutional-grade applications Canton was built to support.” - Melvis Langyintuo, Executive Director, Canton Foundation

What’s Next

Joining Canton as a validator is only the beginning. The next phase will bring LBTC directly into Canton’s workflows, enabling institutional participants to access yield-bearing Bitcoin as a core collateral asset within compliant, privacy-preserving applications.

By combining the neutrality and scale of Bitcoin with Canton’s institutional-grade infrastructure, Lombard and Canton are building the rails for a financial system where the world’s hardest asset underwrites the next generation of capital markets.