: : Who Is Most Likely to Activate the Onchain Bitcoin Market? Valuable crypto assets have the power to form economies of their own - the native tokens of leading smart contract platforms did so, the tokens of major DeFi protocols did so, and more recently, stablecoins have as well. Now, we are beginning to see that same potential with Bitcoin. @Lombard_Finance is emerging as one of the key players driving this vision. While a year may feel like a short span in the rapidly shifting crypto market, @Lombard_Finance has already achieved remarkable progress in that time. With its first product, LBTC, @Lombard_Finance proved that $BTC can function as a yield-generating asset and circulate across a wide range of platforms. Today, LBTC commands an outstanding 57%+ share of BTC LSTs, achieves over 80% utilization in DeFi, and has surpassed $2 billion in TVL. Yet simply minting and distributing an LST is not enough to transcend the existing DeFi landscape. That's why @Lombard_Finance 's ambitions go beyond LBTC: its mission is "to open up a new Bitcoin economy centered around onchain BTC assets". To achieve this, @Lombard_Finance is rolling out a broad suite of Bitcoin-based financial products, coupled with the buildout of a full-stack ecosystem infrastructure that can support and scale an on-chain Bitcoin capital market. This roadmap encompasses the creation and advancement of its DeFi marketplace, the establishment of a consortium to ensure Lombard assets are securely collateralized, multi-chain and protocol expansions to improve accessibility and native utility, and the development of key middleware components to solidify the capital markets layer. To sum up, as institutional adoption of $BTC becomes an unstoppable force, ecosystems built around "native BTC" will emerge as not only the most attractive but also the inevitable path forward. And I believe @Lombard_Finance is one of the exceptional well-positioned players to lead this transformation. --- A short article covering @Lombard_Finance 's roadmap will be published soon via the @FourPillarsFP account—please stay tuned 😀 (*Please note that this is not financial advice.)