Lombard Finance Secures $538 Million BTC.b Infrastructure in Major Bitcoin Deal
Lawrence Jengar Nov 01, 2025 00:22
Lombard Finance acquires the $538M BTC.b infrastructure from Avalanche, planning expansion to Ethereum, Solana, and other major chains by 2025.
Lombard Finance has made a significant move in the cryptocurrency sector by acquiring the on-chain infrastructure of BTC.b, a $538 million Bitcoin (BTC) asset operating on Avalanche. This acquisition marks a pivotal development in the decentralized finance landscape, as Lombard Finance plans to extend BTC.b’s reach to other major blockchain networks.
Expansion Plans Across Major Blockchains
According to CoinMarketCap, Lombard Finance is set to migrate BTC.b to its decentralized protocol by the fourth quarter of 2025. This migration will be secured by 15 institutional entities, ensuring a robust security framework as BTC.b transitions beyond Avalanche. The firm aims to integrate BTC.b into Ethereum, Solana, and MegaEth, leveraging its vault products already utilized by major exchanges like Binance and Bybit.
Strategic Acquisition
The acquisition includes not only the infrastructure but also a user base of 12,500 addresses, positioning Lombard Finance to capitalize on an established network. This strategic move is expected to enhance Lombard’s position in the decentralized finance sector, providing a seamless transition for BTC.b users and attracting new participants to the network.
Industry Implications
This acquisition underscores the growing trend of integrating Bitcoin assets across multiple blockchain platforms, enhancing liquidity and utility. By expanding BTC.b’s presence across diverse networks, Lombard Finance aims to provide greater flexibility and accessibility for cryptocurrency users, potentially driving broader adoption in the decentralized finance ecosystem.
As the cryptocurrency landscape continues to evolve, Lombard Finance’s strategic maneuvers highlight the importance of cross-chain interoperability and infrastructure enhancement in fostering a more integrated and efficient digital asset economy.
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