🎩 Ta-da! Lombard Finance, the crypto wizard, has pulled a rabbit-er, Bitcoin-out of the hat! They’ve swiped the live on-chain goodies of BTC.b, a whopping $538M Bitcoin treasure on Avalanche. 🌋 Next stop? Ethereum, Solana, and more-because why stop at one blockchain when you can conquer them all? Starting next year, folks! 🎉
- 💼 Lombard Finance grabs BTC.b, a $538M Bitcoin gem on Avalanche, along with its fancy infrastructure and 12,500-address fan club.
- 🚀 Plans are afoot to teleport BTC.b to their decentralized protocol by Q4 2025, guarded by 15 institutional superheroes.
- 🌉 BTC.b is breaking free from Avalanche’s chains! It’s heading to Ethereum, Solana, and MegaEth, plus a VIP pass to Lombard’s vault products used by Binance and Bybit. 🏦
📅 On Oct. 30, the Bitcoin DeFi maestro, Lombard Finance, dropped a bombshell: they’ve nabbed the core infrastructure of BTC.b, the Avalanche network’s Bitcoin crown jewel. 🎖️
🤝 In this deal, Lombard gets the keys to the kingdom-the operational protocol, a 12,500-address entourage, and cozy integrations with Avalanche’s DeFi elite like Aave and GMX. Talk about a power move! 💪
Lombard’s Master Plan: Bitcoin Domination Onchain
🧙♂️ Lombard’s not just taking over a token-oh no! They’re migrating BTC.b’s soul (read: infrastructure) to their own protocol, fortified by 15 institutional guardians. 🛡️ By Q4 2025, it’ll be a whole new ballgame, thanks to Chainlink’s fancy Cross-Chain Interoperability Protocol and Proof of Reserve. Bling bling! 💎
“Grabbing BTC.b’s infrastructure is like adding a turbocharger to Lombard’s mission: make Bitcoin as easy to use as ordering pizza. 🍕 With BTC.b, we’re rolling out a permissionless, non-custodial, and institutionally-backed asset that’s the Beyoncé of Bitcoin-complementing LBTC and giving onchain users a break from centralized wrapped BTC drama,” said Lombard co-founder Jacob Phillips, probably while wearing a cape. 🦸♂️
💻 For developers, Lombard’s SDK is the golden ticket. BTC.b will be baked right in, so DeFi apps can use it without breaking the bank on mint and redeem fees. Cha-ching! 💰
🤝 And don’t worry, BTC.b fans! Lombard promises a smoother transition than a buttered-up slide. The contract address, name, and Aave placements stay put-no drama for holders. 🙌
🌍 But wait, there’s more! Lombard’s taking BTC.b on a world tour-Ethereum Mainnet, Solana, MegaEth, you name it. Plus, it’s getting VIP access to Lombard’s vault products, already loved by Binance and Bybit. Institutional and retail domination? Check and mate. ♟️
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2025-10-30 23:59