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

Lombard’s product suite allows BTC holders, institutions, and developers to put BTC to work onchain.
A yield-bearing Bitcoin that brought native yield to BTC holders for the first time. LBTC is the preferred collateral for lending, liquidity provisioning, and trading, on 14 leading blockchains.
Available by simply staking BTC and minting LBTC on the Lombard App.
BTC.b is a next-generation Bitcoin asset, built on Lombard’s transparent, verifiable architecture. BTC.b operates with neutrality, it’s permissionless, non-custodial, and cheaper to access than incumbents.
Every BTC.b token is 1:1 backed by native Bitcoin and verifiable onchain, and secured by Lombard's decentralized validator network.
A single interface where anyone can explore opportunities to leverage LBTC with leading lending, staking, and yield protocols.
Non-custodial Bitcoin staking, directly to Lombard's Finality Providers on the Babylon Platform, operated with leading staking infrastructure providers.
A production-ready toolkit enabling wallets, centralized exchanges, and DeFi platforms to integrate Bitcoin staking seamlessly into their products.
Curated vaults, operated by asset and risk managers, offer one-click access to yields and ecosystem specific opportunities.
We continue to develop the assets and infrastructure to build Bitcoin Capital Markets onchain.
The leading Bitcoin bridge, secured by the biggest digital asset institutions and infrastructure providers.
By tokenizing traditional investment products, Lombard will bridge off-chain yield opportunities to Bitcoin holders on-chain.
Managing billions of assets and millions of transactions demands the highest level of security. Lombard has established a long-term auditing and bug bounty program with industry leaders known for their penetration testing, whitehacking and security audits. The audits can be found on our Gitbook.
Lombard is collectively secured by leading digital asset institutions, working together to drive adoption of Lombard’s suite of onchain products.
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