According to Foresight News, Bitcoin repledge protocol Lombard has announced the commencement of its public test on September 5. In addition, the project has introduced a DeFi Vault operated by Veda, designed to offer a one-click solution for accessing DeFi yields.
Previously, Foresight News reported that Lombard successfully completed a $16 million seed funding round. The round was led by Polychain Capital and saw participation from Franklin Templeton, Foresight Ventures, Mirana Ventures, BabylonChain, Inc., dao5, Mantle EcoFund, and Nomad Capital.
