The $94.7M raise, oversubscribed by 1,400%, fuels Lombard Finance’s $BTC DeFi ecosystem with 21K+ new holders and the launch of its $LBTC yield-bearing and $BARD governance tokens.
Lombard Finance successfully raised $94.7 million in a highly oversubscribed token sale, with demand exceeding expectations by 1,400%. The funds will support its Bitcoin DeFi ecosystem, adding over 21,000 new holders and advancing its $LBTC yield-bearing model and $BARD governance token.