Lombard Aims to Connect Institutional Custody with Onchain Finance

Lombard is set to enable institutions to leverage custodied Bitcoin as onchain collateral effortlessly, beginning with Morpho as its liquidity partner.

Lombard is pioneering a new product designed to allow institutions to utilize custodied Bitcoin as collateral on the blockchain, all while keeping their assets secure and under control. This innovative approach ensures that institutions can engage in onchain finance without the need to transfer their Bitcoin assets or relinquish custody.

As part of this initiative, Morpho has been selected as the inaugural liquidity partner, facilitating seamless transactions and liquidity for institutions looking to integrate their custodial holdings into onchain financial activities.