With FBTC <> BTC conversions now available on Bybit Convert, don't forget to put that BTC to use on Bybit On-Chain Earn ⤵️
https://x.com/Bybit_Official/status/1904050557012328731
https://x.com/Bybit_Official/status/1904050557012328731
X (formerly Twitter)
Bybit (@Bybit_Official) on X
BTC staking, powered by Bybit On-Chain Earn,@Mantle_Official, & @FunctionBTC ⚡
Secure. Simple. and 2% APR.
💸 Stake Now: https://t.co/GNOBuHEHH0
Secure. Simple. and 2% APR.
💸 Stake Now: https://t.co/GNOBuHEHH0
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Function's CEO, Thomas Chen , will be speaking at the Innovator Webinar hosted by The Tie to talk about institutional growth in DeFi.
👉 March 26, 4PM UTC
📌 Add to your calendar: https://www.thetie.io/insights/features/webinar-breaking-barriers-to-institutional-growth-in-defi/
👉 March 26, 4PM UTC
📌 Add to your calendar: https://www.thetie.io/insights/features/webinar-breaking-barriers-to-institutional-growth-in-defi/
The Tie
[Webinar] Breaking Barriers to Institutional Growth in DeFi - The Tie
Join us on March 26 from 12-1 PM EST for The Tie Innovator Webinar Series, featuring leaders from Function ($FBTC), Marinade Finance, and Maple Finance. Discover insights from Thomas Chen, Hadley Stern, and Sid Powell as they explore the evolving landscape…
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Q1 2025 Milestones
✅ Galaxy joins Function as an investor and core contributor to FBTC
✅ FBTC TVL over $1.2B; 164K+ FBTC holders
✅ Major collab with Bybit's On-Chain Earn Program
✅ New deployments onto top EVM chains like Berachain and Sonic
https://x.com/Mantle_Official/status/1907427760072786025
Read More 👇
https://group.mantle.xyz/blog/announcements/letter-to-token-holders-q2-2025
✅ Galaxy joins Function as an investor and core contributor to FBTC
✅ FBTC TVL over $1.2B; 164K+ FBTC holders
✅ Major collab with Bybit's On-Chain Earn Program
✅ New deployments onto top EVM chains like Berachain and Sonic
https://x.com/Mantle_Official/status/1907427760072786025
Read More 👇
https://group.mantle.xyz/blog/announcements/letter-to-token-holders-q2-2025
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What can you do with your BTC and FBTC on Bybit now?
✅ Convert 1:1 to BTC
✅ Stake BTC for yield
Here’s the walkthrough — just follow the steps in the guide 👇
https://medium.com/@FunctionBTC/guide-to-exploring-fbtc-with-bybit-bybit-convert-on-chain-earn-c2c19ed21c2d
✅ Convert 1:1 to BTC
✅ Stake BTC for yield
Here’s the walkthrough — just follow the steps in the guide 👇
https://medium.com/@FunctionBTC/guide-to-exploring-fbtc-with-bybit-bybit-convert-on-chain-earn-c2c19ed21c2d
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🆕 New on Function: The FBTC Earn Portal
You can now grow your BTC seamlessly with FBTC yield opportunities all in one place. Learn more about available vaults, participate and watch your rewards grow.
https://fbtc.com/earn
You can now grow your BTC seamlessly with FBTC yield opportunities all in one place. Learn more about available vaults, participate and watch your rewards grow.
https://fbtc.com/earn
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Now Live: Delegation Feature for Sparks
Bybit Web3 will soon discontinue support for its cloud and keyless wallets. We strongly recommend users who are receiving Sparks via their Bybit Web3 wallets to set a new delegate wallet address before May 31, 2025.
https://fbtc.com/sparks-campaign-delegate
Please note that this affects unclaimed rewards only. Rewards that have already been distributed will not be affected. Each wallet can only delegate once — the action is irreversible.
Bybit Web3 will soon discontinue support for its cloud and keyless wallets. We strongly recommend users who are receiving Sparks via their Bybit Web3 wallets to set a new delegate wallet address before May 31, 2025.
https://fbtc.com/sparks-campaign-delegate
Please note that this affects unclaimed rewards only. Rewards that have already been distributed will not be affected. Each wallet can only delegate once — the action is irreversible.
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"With Function, we're transforming BTC from a static reserve asset into a dynamic financial primitive that can be efficiently deployed across all global markets."
Discover what makes FBTC different — thanks to The Founder for the feature!
https://x.com/thefounderdaily/status/1921826706853167293
Discover what makes FBTC different — thanks to The Founder for the feature!
https://x.com/thefounderdaily/status/1921826706853167293
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The proposal to add $FBTC to Aave v3 on Ethereum has been passed!
With this, $FBTC is set to broaden opportunities for Bitcoin holders aiming to participate in DeFi on Aave v3, offering users more flexibility in leveraging their Bitcoin, enhancing liquidity and driving increased engagement within the Aave protocol.
Details ⤵
https://vote.onaave.com/proposal/?proposalId=318&ipfsHash=0xda3df9ee07c5133298cfe63fb0745b5f227ea5a27c009d89242246379c951402
With this, $FBTC is set to broaden opportunities for Bitcoin holders aiming to participate in DeFi on Aave v3, offering users more flexibility in leveraging their Bitcoin, enhancing liquidity and driving increased engagement within the Aave protocol.
Details ⤵
https://vote.onaave.com/proposal/?proposalId=318&ipfsHash=0xda3df9ee07c5133298cfe63fb0745b5f227ea5a27c009d89242246379c951402
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Insights from BTC Vegas 2025 — where the future of Bitcoin wasn’t just discussed, it was defined. 🟧
Here are two key takeaways from Thomas:
1️⃣ Bitcoin is solidifying its role as a global reserve asset; public companies are increasingly recapitalizing their balance sheet, following in @MicroStrategy's footsteps
2️⃣ Two narratives converging fast:
- DeFi's ecosystem are tapping into TradFi's liquidity for leverage
- The TradFi industry is tokenizing securities (RWAs) to access DeFi capital efficiency
The walls are coming down. Bitcoin isn’t becoming just a store of value — it’s becoming the foundation of onchain finance.
Here are two key takeaways from Thomas:
1️⃣ Bitcoin is solidifying its role as a global reserve asset; public companies are increasingly recapitalizing their balance sheet, following in @MicroStrategy's footsteps
2️⃣ Two narratives converging fast:
- DeFi's ecosystem are tapping into TradFi's liquidity for leverage
- The TradFi industry is tokenizing securities (RWAs) to access DeFi capital efficiency
The walls are coming down. Bitcoin isn’t becoming just a store of value — it’s becoming the foundation of onchain finance.
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$FBTC is now live on Aave — unlock the full potential of your Bitcoin in DeFi.
Deposit $FBTC to earn yield, borrow stablecoins (i.e. USDC, etc), and access ETH-native liquidity without selling your BTC.
Time to put your Bitcoin to work.
Start here ⬇️
https://app.aave.com/reserve-overview/?underlyingAsset=0xc96de26018a54d51c097160568752c4e3bd6c364&marketName=proto_mainnet_v3
Deposit $FBTC to earn yield, borrow stablecoins (i.e. USDC, etc), and access ETH-native liquidity without selling your BTC.
Time to put your Bitcoin to work.
Start here ⬇️
https://app.aave.com/reserve-overview/?underlyingAsset=0xc96de26018a54d51c097160568752c4e3bd6c364&marketName=proto_mainnet_v3
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BIG NEWS at Function | FBTC
We are excited to announce Galaxy has joined our $10M seed round as an investor and core contributor, alongside Mantle, and
Antalpha Global.
With over $1.5B in TVL, $FBTC is the institutional gateway for productive and functional Bitcoin.
The era of Bitcoin yield is here.
Learn more : https://financewire.com/2025/07/15/function-ushers-in-the-era-of-bitcoin-yield-with-galaxy-digital-as-investor-in-10m-seed-round/
We are excited to announce Galaxy has joined our $10M seed round as an investor and core contributor, alongside Mantle, and
Antalpha Global.
With over $1.5B in TVL, $FBTC is the institutional gateway for productive and functional Bitcoin.
The era of Bitcoin yield is here.
Learn more : https://financewire.com/2025/07/15/function-ushers-in-the-era-of-bitcoin-yield-with-galaxy-digital-as-investor-in-10m-seed-round/
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The Function team is getting ready for #TOKEN2049 Singapore 🇸🇬
We look forward to discussing how Function is enabling new opportunities for $BTC at the leading APAC Web3 event!
See you at TOKEN2049!
We look forward to discussing how Function is enabling new opportunities for $BTC at the leading APAC Web3 event!
See you at TOKEN2049!
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Function has a new look! 🌗
We have launched a new website, a new logo, and the next chapter of our points program.
Our brand refresh marks Function’s evolution, as we’re scaling, expanding, but continuing to focus on the same mission.
✨ Sparks Points is officially transitioning into a new points program under the Function brand.
❗️Here is what it means for you:
- 1 Spark = 1 new point (no value lost)
- Sparks season is closing
- A new dashboard is coming soon
- More info to follow
This is just the beginning; we are building the foundation for new launches, integrations, and more ways to make $BTC work.
Thank you to our community & partners for your continued support. We are excited for what is ahead!
Discover our new look 👉 https://www.fxn.xyz/
We have launched a new website, a new logo, and the next chapter of our points program.
Our brand refresh marks Function’s evolution, as we’re scaling, expanding, but continuing to focus on the same mission.
✨ Sparks Points is officially transitioning into a new points program under the Function brand.
❗️Here is what it means for you:
- 1 Spark = 1 new point (no value lost)
- Sparks season is closing
- A new dashboard is coming soon
- More info to follow
This is just the beginning; we are building the foundation for new launches, integrations, and more ways to make $BTC work.
Thank you to our community & partners for your continued support. We are excited for what is ahead!
Discover our new look 👉 https://www.fxn.xyz/
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It was a pleasure to join World Liberty Financial, Blockchain for Good Alliance, mETH Protocol, UR Mantle, and Bybit on stage at the Mantle Mixer this week during Token2049.
Bo Zhang, Head of Institutional Strategy at Function shared our vision going forward:
“Function is transforming Bitcoin into a liquid, composable, and productive reserve asset for DeFi. But Bitcoin is just the first step.
We aim to create a network of functional assets, and in doing so, combine the different levers of Mantle, mETH, Bybit, and UR Bank into a single cohesive strategy.
The success of FBTC is the blueprint. Moving forward, we’re building the network of functional assets that will serve as the cornerstone for onchain finance.”
Bo Zhang, Head of Institutional Strategy at Function shared our vision going forward:
“Function is transforming Bitcoin into a liquid, composable, and productive reserve asset for DeFi. But Bitcoin is just the first step.
We aim to create a network of functional assets, and in doing so, combine the different levers of Mantle, mETH, Bybit, and UR Bank into a single cohesive strategy.
The success of FBTC is the blueprint. Moving forward, we’re building the network of functional assets that will serve as the cornerstone for onchain finance.”
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$FBTC ’s growth is powered by a network of partners driving liquidity, composability, and onchain utility.
From protocols and dApps to infrastructure leaders, each integration expands what’s possible with $FBTC across ecosystems, contributing to the growth of BTCFi.
Together, we make $BTC functional.
From protocols and dApps to infrastructure leaders, each integration expands what’s possible with $FBTC across ecosystems, contributing to the growth of BTCFi.
Together, we make $BTC functional.
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The past few days at DAS London have been incredibly productive for the Function team.
Function's CEO Thomas Chen joined the stage at Digital Asset Summit 2025, and we were honoured to co-host an exclusive dinner with Bybit.
Our biggest takeaways from the week:
1. HUGE demand for $BTC yield
Margins are tightening across the industry and projects are pivoting to include onchain earn products.
2. Simplicity > high APYs
Institutions prefer simple, transparent, and onchain yield over black-box strategies with unsustainable returns.
3. RWAs: demand > supply
Everyone is focused on tokenizing real-world assets, but the real question is: where does the demand come from?
4. BTC-on-BTC yield > altcoin yield
A familiar theme, but the appetite for $BTC yield continues to dominate.
Function's CEO Thomas Chen joined the stage at Digital Asset Summit 2025, and we were honoured to co-host an exclusive dinner with Bybit.
Our biggest takeaways from the week:
1. HUGE demand for $BTC yield
Margins are tightening across the industry and projects are pivoting to include onchain earn products.
2. Simplicity > high APYs
Institutions prefer simple, transparent, and onchain yield over black-box strategies with unsustainable returns.
3. RWAs: demand > supply
Everyone is focused on tokenizing real-world assets, but the real question is: where does the demand come from?
4. BTC-on-BTC yield > altcoin yield
A familiar theme, but the appetite for $BTC yield continues to dominate.
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