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```htmlJinse Finance reported that on March 25th, Lombard and Bitwise Asset Management announced a collaboration at the New York Digital Asset Summit to offer institutions solutions for earning yields and collateralized BTC lending without assets leaving custody, targeting the scale of institutional BTC assets under custody. Bitwise will develop yield strategies combining DeFi lending and tokenized real-world assets, while the decentralized lending protocol Morpho will provide infrastructure for BTC-collateralized loans. The platform utilizes bitcoin-native tools such as partially signed transactions and time locks to verify collateral, enabling on-chain representation of positions without transferring or rehypothecating the underlying assets. Phillips stated that Bitcoin Smart Accounts can simultaneously reduce custody, cross-chain bridge, and counterparty risks. The solution is aimed at high-net-worth individuals, asset management institutions, and corporate treasuries, with plans to launch in the second quarter of 2026, and will add more custodians and protocols to expand coverage. Lombard estimates approximately $500 billion worth of BTC is under institutional custody; DefiLlama data shows BTC's total value locked in DeFi is about $2.93 billion, with a market capitalization of roughly $1.4 trillion; as of press time, Babylon Protocol's total value locked is around $2.8 billion, and Lombard's is about $744 million.```

```htmlJinse Finance reported that market data shows BTC has fallen below $69,500, currently quoted at $69,492.81, with a 24-hour decline of 2.2%. The market is highly volatile, so please ensure proper risk management.```

This trend reflects that, in the context of the global energy transition, traditional fossil fuel infrastructure is facing increasingly severe economic challenges.