Hardware wallet maker Ledger has announced a partnership with Lombard Protocol to offer returns in Bitcoin (BTC) from the Ledger Live app.
The news announced on January 13th this year shows that: ledger Users will be able to use the liquid staking system. In this scheme, users deposit BTC and receive LBTC, a token that generates interest while maintaining the liquidity of the asset.
lombard province Use the Babylon Protocol It connects deposited Bitcoins with the security of other networks and rewards holders. Unlike traditional staking, where funds are tied up, LBTC tokens allow users to continue trading in decentralized finance (DeFi) applications while generating profits with their original funds.
This integration marks an important milestone as LBTC will be the first Bitcoin available to Ledger users. The BTC Yield feature is brought to you by the leader in Bitcoin wallets, staking, and infrastructure and provides BTC holders with a simple and secure gateway to earn yield on their BTC and use their LBTC in DeFi applications across the top 15 chains..
Jacob Phillips, co-founder of Lombard.
Lombard is a company with over $500 billion in digital assets and ensures that each LBTC is backed 1:1 with Bitcoin. LBTC can be exchanged on up to 15 different cryptocurrency networks. Including Ethereum, Sui, Solana.
This feature is available to all users. End of January 2026as indicated in the statement. Ledger has so far not announced the rate of return, fee structure, or self-custody format it plans to manage after BTC becomes LBTC.
Third-party risks and security in the ledger ecosystem
This integration comes in recent circumstances, with Ledger confirming: New data breach. The fact that users’ names, emails, and phone numbers were exposed, as reported by CriptoNoticias.
The situation arose after the attacker accessed the database of Global-e, the payment processor used by Ledger. The severity of the problem lies in the fact that the attacker can learn the address and personal data of the person who purchased the device.
In this way, the Lombard service implementation is Security debate reignites. Using this protocol, users interact with: external smart contract and outsource those assets to infrastructure outside of Ledger. Private keys authorize transactions, but capital is subject to the performance and integrity of third-party software.
(Tag Translation) Bitcoin (BTC)
