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Lombard Launches $1.5 B Yield-Bearing Bitcoin Token on Solana
DeFi

Lombard Launches $1.5 B Yield-Bearing Bitcoin Token on Solana

Lombard Finance has introduced its yield-bearing Bitcoin token, LBTC, to the Solana blockchain, expanding the asset’s circulation to one of the industry’s largest smart-contract networks
Stablecoin Platform M0 Raises $40 Million in Polychain-Led Series B
CeFi

Stablecoin Platform M0 Raises $40 Million in Polychain-Led Series B

Switzerland-based M0, a developer of infrastructure that lets institutions issue application-specific stablecoins, has raised $40 million in Series B financing
Lombard Brings $1.5 B Yield-Bearing Bitcoin Token to Solana
DeFi

Lombard Brings $1.5 B Yield-Bearing Bitcoin Token to Solana

Bitcoin-staking startup Lombard Finance has deployed its yield-bearing LBTC token on the Solana blockchain, widening access to a product that lets holders earn about 1% annual yield while maintaining full Bitcoin backing
Mantle Integrates LayerZero to Move $7 Billion in Assets Across Chains
Blockchains

Mantle Integrates LayerZero to Move $7 Billion in Assets Across Chains

Mantle, the modular Ethereum Layer-2 network that reports roughly $7 billion in on-chain assets, has integrated with cross-chain messaging protocol LayerZero
Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million
Blockchains

Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million

Chainlink said its dedicated treasury fund, the Chainlink Reserve, purchased an additional 42,298
Foreign Central Banks Hold More Gold Than US Treasuries for First Time Since 1996 as China Boosts Gold Reserves and Bitcoin Emerges
Markets

Foreign Central Banks Hold More Gold Than US Treasuries for First Time Since 1996 as China Boosts Gold Reserves and Bitcoin Emerges

For the first time since 1996, foreign central banks now hold more gold than US Treasuries, marking a notable shift in global reserve asset allocation
Stablecoin Card Startup Rain Raises $58 Million Led by Sapphire Ventures
TradFi & Fintech

Stablecoin Card Startup Rain Raises $58 Million Led by Sapphire Ventures

Rain, a four-year-old fintech that issues Visa payment cards backed by stablecoins, has raised $58 million in Series B financing led by enterprise-technology specialist Sapphire Ventures
Lombard Finance Launches LBTC Token With 1% APY, $1 Billion TVL, Backed by Polychain and Franklin Templeton Across Multiple Chains
DeFi

Lombard Finance Launches LBTC Token With 1% APY, $1 Billion TVL, Backed by Polychain and Franklin Templeton Across Multiple Chains

Lombard Finance, a Bitcoin-focused decentralized finance (DeFi) project incubated within Polychain, has made notable strides in integrating Bitcoin liquidity into the DeFi ecosystem