Lombard aims to enhance Bitcoin’s functionality within the digital economy by enabling its use in decentralized finance (DeFi). While Bitcoin is the largest cryptocurrency by market capitalization, much of it remains inactive compared to other digital assets with broader utility. To address this, Lombard seeks to integrate Bitcoin into DeFi through a security-focused liquid Bitcoin asset, LBTC.

The company estimates that if even a fraction of Bitcoin’s market capitalization were to enter the DeFi ecosystem, it could significantly increase the total value locked (TVL) and drive further market growth. Lombard’s approach is centered on developing infrastructure that facilitates Bitcoin’s participation in DeFi while prioritizing security and sustainability.