TechFlow news, on July 8, HTX Ventures announced a strategic investment in Lombard. Lombard is a restaking protocol dedicated to driving the growth of the Web3 ecosystem by transforming Bitcoin from a static store of value into a productive financial asset.
According to reports, Lombard enhances liquidity for staked BTC by issuing LBTC—liquid, yield-bearing representations of Bitcoin. LBTC is set to be integrated into the most popular DeFi protocols on the Ethereum mainnet and is planned for launch on widely used Layer 2 (L2) chains later this year. HTX Ventures stated that liquid restaking represents the next revolution in the Bitcoin ecosystem, and Lombard is a key project driving this transformation.
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation, and research to identify the world's most outstanding and promising teams. To date, HTX Ventures has supported over 300 projects across multiple blockchain sectors, with some high-quality projects already listed on the Huobi HTX exchange.
