Lombard Finance acquires Avalanche cross-chain Bitcoin asset BTC.b

Oct 31, 2025 00:06:54

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ChainCatcher news, according to The Block, Bitcoin DeFi protocol Lombard Finance announced the acquisition of the cross-chain Bitcoin asset BTC.b and its related infrastructure on Avalanche (AVAX), with the deal coming from Ava Labs.

BTC.b has a market capitalization of approximately $502 million and will continue to operate on Avalanche, with the contract and name remaining unchanged.

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