Lombard Acquires BTC.b from Ava Labs in First-of-Its-Kind Deal
A next-generation BTC asset built for the multi-chain future. Permissionless, decentralized, and secured by 15 leading institutions—BTC.b delivers institutional-grade Bitcoin infrastructure without compromise.
Bridge native Bitcoin onchain, and unlocking access to the full DeFi ecosystem.
BTC.b transforms passive Bitcoin holdings into productive capital without sacrificing security or custody. Bridge once, access everything—from simple swaps to complex DeFi strategies. Your Bitcoin shouldn't sit idle. Make it work for you.
Your Bitcoin. Your control. No compromises.
BTC.b is truly permissionless. No KYC verification. No account approvals. No institutional relationships required. Unlike centralized wrapped Bitcoin that forces users to KYC, and trust intermediaries who can freeze assets or deny access, BTC.b removes that trust requirement entirely.
Every BTC.b token is backed 1:1 by native Bitcoin, with proof published onchain. This is real-time, cryptographically verifiable proof that anyone can check at any time supported by Chainlink's Proof of Reserve and Cubist Bascule. When billions are at stake, dual-verification is everything.
BTC.b is secured by Lombard's Security Consortium-15 leading independent digital asset institutions. This architecture delivers institutional-grade security while preserving the permissionless access that defines DeFi.
| BTC.b (Bridged Bitcoin) | Other BTC Assets* | |
|---|---|---|
| Minting Fee | $0 | Up to 0.16% |
| Redemption Fee | 0.0001 BTC (~$10) | Up to 0.5% |
| Fee Model | Fixed | Variable, tiered |
| Clarity & Predictability | Yes | No |
*Data based on publicly available merchant pricing ranges
Powering the pioneers
The Lombard SDK gives developers production-ready Bitcoin integration in hours, not quarters. Bring native Bitcoin to your applications and chains with minimal effort and maximum security.
Already adopted by Binance, Bybit, MegaETH, Katana and Silo Finance. Focus on your product—we've handled the Bitcoin infrastructure.
Building Bitcoin Capital Markets onchain
Lombard acquired BTC.b from Ava Labs in October 2025, in a first of its kind asset acquisition. BTC.b now operates exclusively on the same trusted architecture as LBTC.
The two complementary products: BTC.b and LBTC, provides users with the full spectrum of Bitcoin utility—permissionless non-yield exposure or productive yield generation.
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