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Lombard Finance will launch a Bitcoin-based liquidity pledge token LBTC on Sui

Lombard Finance will launch a Bitcoin-based liquidity pledge token LBTC on Sui

Bitget2025/03/06 14:01
BTC-0.09%SUI-2.93%ETH-1.04%

Lombard Finance announces the launch of its Bitcoin-based liquidity collateral token LBTC on the Sui blockchain. This marks its first expansion to non-Ethereum Virtual Machine (EVM) compatible chains, extending LBTC beyond the blockchains it currently uses, including Ethereum, Base and BNB Chain. The aim is to use Bitcoin as collateral for decentralized finance (DeFi) applications.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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