The DeFi protocol that Binance has invested in is launching its own token.

2025-08-20 01:12:05

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Last year, Lombard, which received investments from giants like Binance, Bybit, Polychain Capital, and Franklin Templeton, raised 17 million dollars and decided to issue its lending token. In addition to the BARD token, the Liquid Bitcoin Foundation will also be established with a foundation status for governance activities.

The sale of the BARD token will be conducted publicly on the ICO platform called Buidlpad. Lombard plans to raise approximately 6.75 million dollars from this sale. With the sale, the total supply value of the BARD token is expected to reach 450 million dollars. However, the total supply of the token has not been disclosed.

The sales process will begin with the identity verification steps between August 26-29. Payments for the BARD token can be made with the USD1 stable coin, BNB, and LBTC. LBTC is known as a token given by the Lombard protocol for those who lock their Bitcoins in the system. USD1 is a stable coin recently issued by World Liberty Financial, supported by the Trump family…

In the community sale, holders of LBTC and Lombard users will have priority.

Published: August 20, 2025 12:12

IN-2,84%

DEFI4,26%

TOKEN-7,78%

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