Function | FBTC ๐
@FunctionBTC
Making idle Bitcoin productive with FBTC. Backed by @galaxyhq @AntalphaGlobal & @Mantle_Official. $1.5B+ TVL โข 30+ Integrations.
BIG NEWS at @fxn_xyz: We are excited to announce @galaxyhq has joined our $10M seed round as an investor and core contributor, alongside @Mantle_Official, and @AntalphaGlobal. With over $1.5B in TVL, $FBTC is the institutional gateway for productive and functional Bitcoin. Theโฆ
$FBTC is a 1:1 $BTC backed multi-chain asset. Hereโs how you can get it today: - Convert via Bybit: bybit.com/user/assets/exโฆ - Mint via our merchants: @Cobo_Global @AntalphaGlobal - Swap on supported DEXes: @Uniswap @MerchantMoe_xyz @AerodromeFi @BreederDodo @Agnidex Put yourโฆ
Following the recent market volatility, we would like to inform you that FBTC remained fully pegged and stable. None of the strategies managed by our Vault Manager partners were affected. We have successfully passed this market stress test, confirming our ability to generateโฆ
A major step forward for interoperability and accessibility. Expanding the reach of yield-bearing assets across eco-systems is an exciting milestone, and weโre just getting started. More to come soon with @LayerZero_Core soon! ๐
Yield-bearing tokens were locked on single chains. LayerZero OFT brings them everywhere. $30B+ in adoption and growing.
The numbers speak for themselves โ Function keeps scaling.
As $BTC prices are reaching new all-time highs, Bitcoin ETFs are following the same trend, โETF creations are the cleanest, least noisy signal of institutional sponsorship.โ โ @thomas_fxn, CEO of Function, shared with @TheBlock__ .
Bitcoin holds near $122,000 after Fed minutes signal more cuts this year theblock.co/post/373988/biโฆ
Weโre looking forward to attending DAS London next week, hosted by @blockworksDAS! ๐ฌ๐ง Function's CEO @thomas_fxn will join speakers from @maplefinance, @SPGlobal, @elliptic, and @blockworksDAS to discuss institutional adoption of DeFi, the future of $BTC, and the evolving RWAโฆ
$FBTC โs growth is powered by a network of partners driving liquidity, composability, and onchain utility. From protocols and dApps to infrastructure leaders, each integration expands whatโs possible with $FBTC across ecosystems, contributing to the growth of BTCFi. Together,โฆ
Bitcoin has reached a new ATH: $125,000. But simply waiting for the next price spike or holding $BTC isnโt a long-term strategy. With $FBTC, Bitcoin goes beyond passive storage. It becomes a liquid, composable, and yield-generating instrument. Built to be productive and notโฆ
It was a pleasure to join @worldlibertyfi, @ChainforGood, @mETHProtocol, @UR_global, @Mantle_Official, and @Bybit_Official on stage at the Mantle Mixer this week during Token2049. @bozhangles, Head of Institutional Strategy at @Function shared our vision going forward:โฆ
Just pure alpha and an incredible time with our VIPs and guests of honour, @DonaldJTrumpJr, @benbybit and more. Mantle mode, onwards. ๐ซก
Tokenization of equities is hyped because of equities global market cap of $137 Trillion. Before: crypto โ cash โ broker โ stock. After: crypto โ> tokenized stock. As with all new paradigms, the tech will be an initial moat but will quickly become commoditized.โฆ
The @Function team is getting ready for #TOKEN2049 Singapore ๐ธ๐ฌ We look forward to discussing how Function is enabling new opportunities for $BTC at the leading APAC Web3 event! See you at @token2049!
$100 invested in $BTC at $10 in 2012 is now worth $1,095,005.9 If that $BTC had been earning 1.5% APY, it would be worth $1,329,337.16 today. ๐ค The difference: $234,331.26 (โ21.41%). Thatโs the power of compound yield
3 Quick Takeways from #RWASummit last week: 1/ The Liquidity Gap: A Chicken-and-Egg Problem "If I move you move, just like that?" RWAs in general lack sufficient liquidity on-chain to be useful today, and therefore is dead capital. Wait for big boys like BlackRock to startโฆ
The Function team is at @kbwofficial this week in Seoul! ๐ฐ๐ท We are looking forward to connecting with projects that are ready to put their $BTC to work.
โThe problem is not Bitcoin itself but how it is being used. Too many corporates are treating it as a static reserve, when in reality Bitcoin is an active financial asset with yield and liquidity opportunities.โ โ @thomas_fxn Read the full article ๐coinmarketcap.com/community/artiโฆ
"Any deviation from the Fed script in September will cause a violent repricing. A delayed or no-cut scenario could trigger a large correction across major crypto assets and altcoins.โ โ @thomas_fxn, CEO of Function Read the full story on the macro pressure behind Bitcoinโsโฆ
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