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Lombard - Strategic
Overview
Funding Date
October 16, 2024
Financing amount
$1M
Valuation
--
Catagory
About Lombard - Strategic
Lombard has raised a strategic investment of about $1 million by Binance Labs. Lombard's current total value locked (TVL) is over $640 million. With the new funding from Binance Labs, Lombard plans to expand access to LBTC across new blockchains, allowing users to stake BTC and mint LBTC.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Malta | 2018 | 146 | -- |
Founders & Team
Jacob Phillips
Company Profile / Project Introduction
Lombard is dedicated to unlocking Bitcoin's potential as a dynamic financial tool by connecting it to DeFi. Lombard is building the universal standard for Bitcoin. Secured by Bitcoin-aligned ecosystem players, 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.