OKX to List BARD Token, a DeFi Project Using Liquid-Staked Bitcoin
The Lombard (BARD) token is set for listing on multiple exchanges, including Gate and MGBX, on September 18, 2025, expanding access to the DeFi project focused on enhancing Bitcoin's utility.
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Fact Check
The statement is fully supported by the evidence. Official announcements from OKX's website and social media channels directly confirm the listing of the 'BARD (Lombard)' token for spot trading. Other sources, such as Coincarp, explicitly describe Lombard as a 'DeFi initiative' centered around 'LBTC, a liquid staked Bitcoin token,' thus validating both parts of the statement.
Summary
According to official announcements, both Gate and MGBX will list the Lombard (BARD) token for spot trading on September 18, 2025. The DeFi project aims to enhance Bitcoin's utility in decentralized finance via its liquid-staked LBTC token.
Terms & Concepts
- DeFi (Decentralized Finance): A blockchain-based financial system offering services like lending, trading, and yield generation without traditional intermediaries such as banks.
- LBTC: A liquid-staked Bitcoin token developed by Lombard to facilitate yield earning and decentralized finance participation.