Launch of Lombard's Liquid-Staking BTC Token on Sui Network - Coinfeeds

Launch of Lombard's Liquid-Staking BTC Token on Sui Network

March 08, 2025

Lombard Finance to Launch LBTC on Sui Blockchain

Key Highlights:

Lombard Finance is set to deploy its liquid-staking bitcoin token, LBTC, on the Sui blockchain.
This marks LBTC's first integration with a non-Ethereum Virtual Machine (EVM) compatible chain.
The expansion aims to bring institutional bitcoin liquidity to a growing Layer 1 ecosystem.
LBTC is currently available on several EVM networks, including Ethereum, Base, and BNB Chain.
Lombard Finance's co-founder Jacob Phillips emphasized the commitment to driving Bitcoin adoption in innovative blockchain ecosystems.
The token will be supported by Sui Wallet and Phantom Wallet, with initial integration into Cetus, Navi Protocol, and SuiLend.

Source: www.coindesk.com

Link: Original Article Link

Posted on March 08, 2025

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Launch of Lombard's Liquid-Staking BTC Token on Sui Network

Lombard Finance to Launch LBTC on Sui Blockchain

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