Institutions keep stacking $BTC, but sooner or later that capital needs to start working.
That’s where @Lombard_Finance keeps gaining ground.
Recently they acquired BTC.b from Avalanche, a $550M tokenized $BTC used across the @avax ecosystem.
From now on, it’ll run fully on Lombard’s infrastructure.
It’s the first real onchain asset acquisition I’ve seen in crypto and it makes sense: Lombard already controls the biggest $BTC liquidity network in DeFi.
If BTC.b volume keeps growing under Lombard, $BARD could quietly become one of the cleaner BTCFi plays out there.
10.4K
106
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.