#BinanceLabsInvestsLombard

$#BinanceLabsInvestsLombard Binance Labs recently made a significant investment in Lombard, a blockchain project that focuses on integrating Bitcoin into the DeFi (Decentralized Finance) ecosystem through its liquid staking token, LBTC. This token allows Bitcoin holders to earn passive yields while maintaining liquidity, opening up opportunities for yield strategies, lending, and borrowing within DeFi platforms.Since its launch, Lombard has captured 40% of the Bitcoin liquidity staking market, managing over $500 million in total value locked (TVL). Lombard's rapid growth is evident with its partnerships across major DeFi platforms like Pendle and Maple Finance. Its expansion plans include integrating LBTC with Ethereum-based DeFi protocols and bringing it to Layer-2 and Layer-1 networks, making staking even more accessible.Binance Labs' investment highlights its commitment to supporting early-stage projects that innovate within the Web3 and DeFi spaces. The partnership is expected to accelerate the adoption of LBTC and unlock new opportunities for Bitcoin holders【8†source】【9†source】【10†source】.