Bitcoin accounts for over 60% of the crypto market, yet most BTC remains idle, unproductive, and disconnected from modern financial tools. Babylon and Lombard are changing that. And as part of our mission to support the long-term success of the digital asset ecosystem, Figment is proud to announce a collaboration with Lombard to bring secure, institutional-grade staking rewards to Bitcoin via the Babylon network.
As a Finality Provider on Babylon, Figment helps enable Bitcoin’s integration into decentralized protocols, allowing BTC stakers to participate in network security and earn rewards without compromising its foundational properties.
What is Lombard?
Lombard is building the leading infrastructure for secure, decentralized Bitcoin integration in DeFi. LBTC is Lombard’s liquid staking token that enables BTC holders to:
- Stake Bitcoin and earn rewards
- Retain 1:1 BTC backing
- Maintain liquidity across DeFi
- Operate across multiple EVM chains, including Ethereum, Base, BNB Chain, and Sui
LBTC bridges the Bitcoin and DeFi ecosystems, unlocking new functionality without compromising Bitcoin’s core principles of security and simplicity.
Figment x Lombard: What the Collaboration Means
Figment’s role as a Finality Provider in the Babylon ecosystem ensures that staked BTC via LBTC is backed by the same secure, reliable infrastructure trusted by over 700+ institutional clients and $15B+ in staked assets.
This next phase of Bitcoin staking is about collaboration and scale. Figment aims to strengthen the Babylon trust network, improving decentralization, reducing systemic risk, and delivering reliable rewards to BTC holders.
Together, Figment and Lombard are enabling:
- Secure staking rewards for Bitcoin holders
- High-availability, audited infrastructure built for institutions
- Seamless staking experiences through the Lombard SDK
- Support for Babylon’s long-term decentralization goals
Through this collaboration, institutional investors can now earn staking rewards on LBTC via Babylon, without compromising on compliance, security, or Bitcoin’s native backing.
For existing Lombard BTC stakers, nothing changes. The process remains just as simple: stake through the Babylon app, the Lombard interface, or any partner using the Lombard SDK, just as before. What’s improved is the infrastructure powering Lombard behind the scenes.
Why This Matters for Bitcoin and Babylon
Babylon’s Bitcoin staking protocol introduces native rewards for BTC while preserving its foundational security model as a Proof-of-Work blockchain. With Lombard now distributing its validator role to a trusted group of Finality Providers, the network gains resiliency, scalability, and trust alignment across the stack.
This collaboration marks a major milestone: Bitcoin staking infrastructure that is secure by design, open to all, and built to scale.
By working with Lombard, Figment is helping unlock ~$1.6 trillion in latent Bitcoin liquidity and supporting its evolution as a foundational asset in the decentralized economy.
Learn More
Figment’s collaboration with Lombard and Babylon represents a new era for Bitcoin: one where BTC can seamlessly participate in decentralized systems while maintaining its core principles of security, simplicity, and self-custody.
As Babylon expands and new Bitcoin-Secured Networks launch, Figment remains committed to providing the robust infrastructure and institutional support needed to make Bitcoin staking safe, accessible, and scalable.
➡️ Want to get started with institutional Bitcoin staking? Contact our team to learn more about secure BTC staking solutions with Figment.
