Really excited to finally announce this partnership with @Lombard_Finance !
BTC.b is one of the largest bridged BTC assets in DeFi and it's currently only on @avax
Going forward, BTC.b will inherit all the features users know and love including permissionless 1:1 minting/redemption from the Bitcoin Network.
With this transition, Lombard will also be adding:
- Additional ways to access BTC.b outside Core Wallet
- Seamless dev integration via the Lombard SDK
- Institutional custody support
- Multichain expansion
- DeFi yield vaults
...and much more
Looking forward to the next chapter of BTC.b's growth and development 🔺