Sui Foundation has partnered with Cubist to support future integration of Bascule into the Lombard Bitcoin-Sui bridge, with the goal of reinforcing transparency and trustlessness in the minting of LBTC. When active, Bascule will serve as an independent attestation layer that verifies BTC deposits before minting LBTC on Sui. This mechanism is designed to help ensure that LBTC minted via the bridge is auditable and backed by actual BTC deposits — without relying on centralized trust.
“Bringing BTC into Sui is a match made in heaven. Thanks to this collaboration with Babylon, Lombard, and Cubist, users from all blockchain ecosystems can come to Sui to participate in a thriving ecosystem of financial services in which Bitcoin will play a key role.”
