Lombard looks to link institutional custody to onchain finance

Lombard is developing a product that allows institutions to use their custodied Bitcoin as onchain collateral without moving assets or transferring control. Morpho has been selected as the initial liquidity partner for this institutional custody-to-DeFi bridge solution.

• →Lombard is creating a bridge between institutional Bitcoin custody and onchain DeFi protocols.
• →The solution allows institutions to use custodied Bitcoin as collateral without moving or transferring control of assets.
• →Morpho will serve as the initial liquidity partner for the product.
• →This addresses a key barrier preventing institutions from participating in onchain finance while maintaining custody requirements.
• →The product represents growing institutional demand for DeFi participation with traditional custody safeguards.