Lombard
Connecting Bitcoin to DeFi with LBTC
Lombard
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Vote incentives platform base on CurveFounded in April 2024, Lombard is dedicated to unlocking Bitcoin's potential as a dynamic financial tool by connecting it to DeFi. 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. Its flagship product, LBTC—a yield-bearing, cross-chain, liquid Bitcoin backed 1:1 by BTC.
Team Members
Jacob PhillipsCofounder
Matt MarshallHead of Product
Sankha BanerjeeHead of Research
George BeallStrategy Lead
Investors
YZi Labs
Polychain
dao5
Foresight Ventures
Mirana Ventures
Nomad Capital
OKX Ventures
Robot Ventures
HTX Ventures
Franklin Templeton
Babylon
Mantle Network
Jia Yaoqi
Michael Bentley
Kenny Li
Nick Emmons
Sandy Peng
Adam JinFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Strategic | $1.00M | -- | 2024-10-15 |  YZi Labs |
Seed | $16.00M | -- | 2024-07-01 |  Polychain* dao5+ 15 |