Details
Founded in April 2024, Lombard is dedicated to unlocking Bitcoin's potential as a dynamic financial tool by connecting it to DeFi. Lombard enables the yield-bearing BTC to move cross-chain without fragmenting liquidity, paving the way to become the single largest catalyst for onboarding net new capital into DeFi. Its flagship product, LBTC—a yield-bearing, cross-chain, liquid Bitcoin backed 1:1 by BTC.
Fundraising
![Lombard | LBTC](https://public.rootdata.com/images/b6/1718536314113.jpg)
Lombard | LBTC
@Lombard_Finance![](/_nuxt/img/x_trend_icon.0deaeed.png)
![Laura Shin](https://public.rootdata.com/images/b6/1710126877355_128x128.webp)
![Tarun Chitra](https://public.rootdata.com/images/b6/1678700357009_128x128.webp)
![The Crypto Dog](https://public.rootdata.com/images/b6/1715329146990_128x128.webp)
Significant Events
Jul, 2024
Lombard raised $ 16 M in Seed round
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