Lombard Introduces Groundbreaking LBTC Cross-Chain Transfer Solution with Economic Guarantees

Lombard, a leading Bitcoin (BTC) capital market infrastructure provider, has unveiled the world's first economic guarantee-based LBTC cross-chain transfer solution. Developed in collaboration with Chainlink (LINK), the global oracle network, and Symbiotic, the universal restaking protocol, this innovative solution represents a significant leap forward for decentralized finance (DeFi) capabilities. By combining Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with Symbiotic’s restaking architecture, Lombard has created a dual-security layer, offering enhanced protection and reliability for cross-chain transactions—the first commercial application of such advanced technologies in the industry.

LBTC, Lombard’s chain-agnostic Bitcoin derivative, is purposefully designed to integrate seamlessly across the DeFi ecosystem. This partnership strengthens LBTC’s institutional-grade guarantee framework, affirming its role as a leading revenue-generating Bitcoin asset while enhancing user security and operational integrity in DeFi markets.

Jacob Phillips, Co-Founder of Lombard, stated, “LBTC users demand the ability to freely move their assets across chains without compromising security. Economic guarantees enabled through $BARD staking ensure LBTC’s reliability and trustworthiness, paving the way for greater adoption and utility.”

$BARD Token: Connecting Security, Staking, and Yield

The launch also unlocks essential utility for Lombard's native token, $BARD. By staking $BARD through the Lombard app, users gain access to automated asset management tools powered by the Mellow multivault, which seamlessly connects to the Symbiotic network. This one-step staking mechanism automates liquidity delegation, compounding rewards, and withdrawal processes, creating an efficient system for users while requiring minimal effort.

The integration establishes a mutually beneficial ecosystem where staking $BARD generates security guarantees, drives protocol utility, and delivers competitive yields to investors. This "staking-security-yield" feedback loop positions $BARD as a cornerstone asset within Lombard's infrastructure and protocol architecture, further bolstering its role in the broader DeFi ecosystem.

Beyond its immediate application, this collaboration introduces a scalable and expandable model that could reshape core elements of DeFi infrastructure. Economic guarantees delivered through restaking frameworks and modular security could be extended to oracle systems, payment gateways, and settlement layers, highlighting the transformative potential of this innovation.

Misha Putyatin, Co-Founder of Symbiotic, emphasized, “The integration of decentralized collateral frameworks with CCIP showcases how restaking architectures can rapidly deploy innovations that deliver real value to users across the DeFi landscape.”

Meanwhile, Chainlink’s Chief Business Officer Johann Eid remarked, “The strengthened guarantees for LBTC transfers highlight the adaptability of CCIP’s security features, demonstrating its ability to align with diverse applications and use cases.”

LBTC Surpasses $1 Billion TVL Milestone

LBTC continues to set industry benchmarks, achieving an unprecedented total value locked (TVL) of $1 billion within just 92 days of its launch. As a liquid staking token (LST) with broad adoption by major DeFi protocols—including Aave (AAVE), Spark, Ether-Fi, Maple, EigenLayer, Morpho, and Curve (CRV)—LBTC has quickly earned its reputation as a critical asset in decentralized finance.

This partnership illustrates how institutional-grade guarantees, scalable restaking architectures, and cross-chain interoperability can elevate LBTC’s position from being a high-yield Bitcoin asset to serving as foundational infrastructure for the entire DeFi ecosystem. Lombard’s innovations directly address the increasing demand for secure, fluid Bitcoin activation within blockchain markets.

With advancements like this, Lombard reinforces its leadership in driving on-chain Bitcoin adoption and infrastructure growth, ensuring its strategic importance in the rapidly evolving world of decentralized finance.