Lombard to offer BTC-collateralized loans for institutions in Bitwise partnership

Bitcoin-based financial infrastructure platform Lombard (BARD) is partnering with Bitwise to support yield generation and loans collateralized by Bitcoin, Cointelegraph reported. The service aims to allow institutions to earn yield on their assets through the Lombard platform without moving them, and to borrow against those assets. For this initiative, Bitwise will develop a yield strategy that combines DeFi lending with tokenized real-world assets. Morpho (MORPHO) will provide the infrastructure for the Bitcoin-collateralized loans.