Binance Labs unveils investment in Lombard

#BinanceLabs invests in #Lombard to unlock new opportunities for #Bitcoin holders across the #DeFi space. Lombard will use raised funds to expand access to LBTC across new chains, allowing users to stake BTC and mint LBTC.

Lombard is a Bitcoin liquid staking platform built on #Babylon , that aims to create a universal standard for Bitcoin, supported by key ecosystem players aligned with Bitcoin's ethos.

👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-lombard-to-connect-bitcoin-to-defi-4826217132625427247