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Description

Lombard is an emerging blockchain project focused on integrating Bitcoin into decentralized finance. Rather than viewing BTC solely as a store of value, Lombard aims to make it more productive and accessible across financial tools and markets. Launched in April 2024, Lombard seeks to build onchain Bitcoin capital markets and unlock the potential of this leading digital asset.

The network’s primary goal is to increase Bitcoin’s participation in decentralized finance. While Bitcoin has served mainly as a store of value, only a small portion has been used in DeFi activities such as lending or earning yield. Lombard addresses this by issuing a liquid staked version of Bitcoin, LBTC. LBTC is fully backed 1:1 by native Bitcoin and can be used for crypto lending, liquidity pools, and yield strategies.

Lombard also features a native cryptocurrency, BARD, which supports network governance and growth. BARD holders can participate in protocol decisions, stake tokens to enhance network security, and contribute to ecosystem development. The token also incentivizes individuals and institutions to engage with Lombard’s infrastructure.

Lombard’s team brings a combination of DeFi and institutional expertise, attracting significant investor support from the outset. In July 2024, Lombard’s seed funding round was led by Polychain Capital, with additional backing from BabylonChain, Franklin Templeton, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, and OKX Ventures.

Although success metrics for new projects differ from traditional tech startups, Lombard has achieved notable results in a short period. LBTC became one of the fastest-growing yield-bearing assets, reaching one billion dollars in total value locked within 92 days. The protocol has attracted billions in BTC liquidity across multiple chains and has been integrated with numerous DeFi projects.

Buying BARD tokens from centralized and decentralized exchanges is the fastest way to invest in Lombard. However, the token price can swing dramatically with large volume trades as the transaction happens in a public marketplace. This is why financial institutions and high-network individuals buy BARD OTC (over-the-counter) for bulk orders. OTC transactions are also more discrete, and a discount can be applied to the price per crypto if both parties agree.

One such OTC desk is Acquire.Fi. Our crypto secondaries marketplace matches buyers directly with early investors or Lombard team members looking to sell their tokens. Get started by browsing existing offers or creating a new Buy offer with custom valuation and transaction limits.

Planning to sell BARD tokens OTC?  You can discreetly do so by browsing available offers in the marketplace. If you prefer to set the valuation and minimum amount, you can create a new OTC marketplace listing. We’ll contact you as soon as we match you with a verified buyer who agrees to your terms.

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