We’re delighted to partner with Lombard and onboard LBTC as a collateral asset on Maple. Through the partnership, institutional holders of LBTC can unlock more efficient financing by borrowing against their yield-bearing collateral.

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While BTC is a trusted collateral asset, LBTC has the added advantage of accruing BTC staking rewards - effectively reducing borrowing costs by enabling institutions to both borrow and earn simultaneously.

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After a thorough collateral review - which included liquidity analysis, technical reviews, and volatility assessments - LBTC has joined the ranks of other high quality collateral assets on Maple, such as BTC, ETH and SOL. All newly-onboarded assets are also assessed for their ability to meet our liquidation workflow and custody requirements; there are also clear limits on rehypothecated collateral, and legal confirmation is granted to lenders that they are adequately protected.

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The partnership signals continued demand for innovative digital asset financing solutions from institutional borrowers. A LBTC-backed USDC loan is currently live on syrup.fi.

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Maple Co-Founder Joe Flanagan shared his view on the integration: “LBTC represents a significant evolution in collateral assets. By offering institutional borrowers the ability to leverage Bitcoin while earning staking rewards, both Maple and Lombard are opening new avenues for asset activation in the digital economy. We're excited to onboard LBTC as collateral and look forward to supporting borrowers who are eager to take advantage of this innovative solution.”

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Lombard Co-Founder Jacob Phillips also added commentary on the partnership: “Bitcoin has been a passive asset for too long. With LBTC, institutional borrowers now have a way to unlock its full potential—not only borrowing against it but also earning yield simultaneously. Partnering with Maple, the leader in institutional digital asset lending, is a major milestone for us, as we continue our mission to make Bitcoin a productive financial tool in DeFi”.

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About LBTC

LBTC’s mission is to turn Bitcoin into an economically active participant in the trillion-dollar industry it gave birth to 14 years ago by seamlessly connecting it to DeFi. Since launching at the end of August, LBTC has rapidly become a foundational asset in some of the top yield-generating products across DeFi.

More than $300 million in LBTC is already deployed in DeFi, powering yield strategies on platforms like Pendle, facilitating lending on Morpho, Gearbox, and ZeroLend, and enabling options trading on Derive. For a full list of LBTC’s DeFi integrations, visit our WebApp.

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About Maple

Maple is a leading digital asset lending platform, empowering the digital asset economy with secure, innovative lending solutions. Lending opportunities are tailored to meet diverse liquidity needs, risk appetites, and return expectations and facilitated through Maple’s technology to provide real time monitoring and transparency. Scale your digital asset business confidently with flexible, cost-effective lending solutions sourced from Maple’s broad capital network.

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