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$LBTC to Launch on Sonic Labs

Twitter icon  •  Published 2 hours ago on January 13, 2025  •  Hassan Maishera

On Friday, Sonic Labs announced via X that $LBTC, developed by Lombard Finance, will be available on the Sonic network.

$LBTC to Launch on Sonic Labs

On Friday, Sonic Labs announced via X that $LBTC, developed by Lombard Finance, will be available on the Sonic network. $LBTC is a yield-bearing, liquid-staked token backed by bitcoin.

Sonic (previously Fantom) is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 1% in the last 24 hours and is currently trading at $0.8171.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.