Lombard and EigenLayer have partnered to integrate Lombard's LBTC into the EigenLayer restaking ecosystem. The partnership, announced today, allows Bitcoin holders to earn yield via Babylon and EigenLayer's restaking.
Lombard Finance and the Eigen Foundation will enhance Bitcoin restaking security over the next six months. Their goal is to expand Bitcoin's utility beyond a store of value.
The integration aims to provide additional security to AVSs. On April 17, Lombard launched a tool for developers to integrate LBTC minting, with Bybit and Binance as early users.