Kraken Joins Consortium on Lombard Protocol

Lombard Finance has launched LBTC, its Bitcoin-based DeFi asset, on the Starknet layer-2 network as part of the BTCFi Season initiative. This integration took place on October 8, 2025, enabling Bitcoin financial innovations leveraging Starknet's scalability and security. The launch positions LBTC as a key BTCFi asset on Starknet, boosting Bitcoin utility in decentralized finance. Recent News In the last three months, Lombard Finance has actively promoted BTCFi, including announcing a $100 million STRK incentive program on Starknet aimed at incentivizing Bitcoin DeFi adoption. The project reported robust TVL and growing community interest. Additionally, partnerships and staking upgrades have contributed to increased protocol activity and prominence. Future Plans Lombard Finance plans to expand LBTC's ecosystem by enhancing staking rewards, broadening cross-chain BTCFi mechanics, and scaling LBTC utility applications within the DeFi sector on Starknet. Roadmap insights point to ongoing integrations and liquidity incentives to cement LBTC's role in Bitcoin DeFi. Onchain Data TVL: Over $1.5 billion reported by Lombard Finance protocols. Staking participation: Active with new incentive programs launched. Community Sentiment Positive — The community on X/Twitter expresses optimism about LBTC's integration on Starknet, highlighting increased BTC utility and DeFi opportunities. Some users note excitement for the BTCFi Season incentives and broader ecosystem impact. Quotes include "LBTC integration on Starknet is a game changer," "BTCFi incentives are huge for adoption," and "Lombard is pushing Bitcoin DeFi forward." Risk Disclaimer This event involves significant protocol and token integration that may affect LBTC's market activity. Users should conduct due diligence and be aware of usual DeFi risks. Sources used https://x.com/Starknet/status/1975894551899279558 https://messari.io/project/starknet https://www.mexc.com/en-GB/news/starknets-btc-staking-on-mainnet-goes-live-on-sept-30 https://x.com/AlitaIntel/status/1975151165374407046

Lombard Finance will host a significant team update event titled 'Announcement' on October 30, 2025. This event is expected to include critical information about the team's developments, project updates, or strategic changes. Participation details and format have not been explicitly disclosed but are likely to be announced via their official X (Twitter) channel at https://x.com/Lombard_Finance/status/1983190889112711646. Recent News In recent months, Lombard Finance has publicly discussed their vision to build Bitcoin capital markets on-chain along with updates on their Bitcoin liquid restaking protocol and a $16M seed funding round to enhance BTC DeFi infrastructure. Collaborations with other DeFi projects like Botanix Labs and the launch of DeFi Vaults have been key milestones. Future Plans Lombard Finance aims to reimagine Bitcoin's use in decentralized finance by expanding liquid staking derivatives, increasing protocol functionality, and enhancing user asset liquidity over the coming quarters. The 'Announcement' event could provide insights into updated roadmaps or new product launches. Onchain Data No verifiable onchain metrics available. Community Sentiment Sentiment around Lombard Finance and upcoming announcements appears positive based on X (Twitter) community chatter and influencer commentary, praising the project’s vision and recent funding. Users anticipate innovative product updates and further Bitcoin DeFi advancements: "Lombard Finance is set to change Bitcoin DeFi with their roadmap." "Excited about the new liquidity layers they’re building." "Big things ahead for $LBLOCK, watch this space!" Risk Disclaimer This event could impact the project's token dynamics and market perception. Users should consider potential price volatility following announcements related to team updates, strategy shifts, or product launches. Sources used https://x.com/Lombard_Finance/status/1983190889112711646 https://twitter.com/Lombard_Finance/status/1945881100620054985 https://twitter.com/Lombard_Finance/status/1904599926035931539