The Bitcoin DeFi protocol Lombard will launch a community sale on Buidlpad, aiming to raise $6.75 million, with an estimated valuation of approximately $450 million. This sale will allocate 1.5% of the total supply of BARD tokens, prioritizing LBTC holders and existing users. Lombard has also established an independent governance body, the Liquid Bitcoin Foundation, to promote protocol development, collaboration, and ecological funding. Lombard completed a $17 million seed round of financing in 2024, led by Polychain Capital, with participation from Franklin Templeton, Bybit, and YZi Labs (formerly Binance Labs). (TheBlock)

#BTC