Previously criticized projects, why can they attract top-tier capital investment? What is the real logic behind BABY's $15 million funding from A16z?



Simply put, it's optimism about the future.

The core of this wave is BTCFi—using Bitcoin, the "world's hardest asset," as the credit foundation to reconstruct the entire crypto financial system. Imagine if Bitcoin is not only a store of value but also becomes a liquidity engine in the DeFi world—what would that mean?

There is a noteworthy player in this track: Lombard Finance. As a leading project in the BTC LST space, its logic is clear—through Bitcoin liquidity staking, allowing users to both hold BTC with appreciation potential and participate in DeFi yields. Currently, Lombard's TVL has reached $1.33 billion, and this growth rate indicates that the market is validating the feasibility of this model.

BTCFi is not just hype; it is an iteration of financial infrastructure.
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RugDocScientistvip
· 01-12 03:33
Hmm... BTCFi is indeed different. The idea of Bitcoin as a liquidity engine still seems to have some potential.
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MetaverseLandlordvip
· 01-11 15:39
BTCFi this wave does have some substance, but whether Lombard's 1.33 billion TVL is real or just hype, you need to verify it yourself.
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ForumMiningMastervip
· 01-09 09:53
This time A16z is betting on BTCFi. It seems that big institutions are finally getting it—Bitcoin can't just sit idly by. Lombard's 1.33 billion TVL is indeed attractive, but the key question is: can it actually deliver... It's a bit hard to see through. I understand the logic behind BTCFi; it's about bringing Bitcoin to life. But what about the risks? Who will bear them? By the way, why can BABY turn around after being heavily criticized? There must be something behind it. Compared to other LST projects, can Lombard really maintain this scale? I'm a bit worried. A16z is investing 15 million, which is basically betting on this infrastructure upgrade. Do you think it will work, everyone? I just want to ask, if BTCFi takes off, will Ethereum DeFi be impacted? Lombard's model sounds good, but can it really help ordinary users make money? I'm skeptical.
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ThatsNotARugPullvip
· 01-09 09:40
Hmm, A16z's move is indeed aggressive. The BTCFi track is taking off.
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TokenVelocityTraumavip
· 01-09 09:30
Everyone is now betting on BTCFi, and the logic really makes sense... The idea of Bitcoin as an engine sounds so exciting.
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