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

Crypto 7x24

2025-03-06 22:14:25

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Online reports that Lombard Finance announced that LBTC, a bitcoin-based liquidity pledge token, will be launched on the Sui blockchain, marking its first expansion to non-Ethereum Virtual Machine (EVM) compatible chains. This expansion extends LBTC beyond the blockchains it currently uses, including Ethereum, Base and BNB Chain, aiming to use Bitcoin as collateral for decentralized finance (DeFi) applications.

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