Lombard Finance has launched a Bitcoin-backed onchain credit strategy with Flow Traders as its first borrower.The structure allows Bitcoin holders to earn yield from...
The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.
Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC)...
The new system lets institutions earn yield and access liquidity without moving Bitcoin out of custody.Lombard on Wed., Feb. 11, launched Bitcoin Smart Accounts,...
Lombard said it plans to launch Bitcoin Smart Accounts, designed to allow Bitcoin held in institutional custody to be used as onchain collateral without...