$FBTC is now supported by BitGo's infrastructure!

An exciting first step in our partnership as we introduce institutional-grade custody of $FBTC to Function and BitGo clients, providing them with secure and compliant access to DeFi strategies within a risk-managed framework.

By integrating with BitGo, Function expands Bitcoin’s role in onchain finance. Enabling institutions to deploy $FBTC into various yield strategies and utilize their assets in new and productive ways.

“We’re excited to partner with the global leading custodian to help safeguard BTC assets. Together, we’ll be able to deliver BTC-on-BTC yield to institutions through a best-in-class security structure.” — Thomas Chen, CEO of Function

Looking for liquidity but don’t want to sell $BTC?

$FBTC can be supplied as collateral on protocols like Aave, Avalon, and Lendle, allowing users to access stablecoins without selling their BTC.

This supports flexibility for on-chain portfolio management.

Bitcoin’s cycles show that holding alone does not address volatility.
$FBTC enables Bitcoin to be used, not just stored.

Our curated vaults with CIAN and Sentora demonstrate how $FBTC extends Bitcoin’s utility beyond simple hodling.

What does the future of DeFi look like and what does it take to make $BTC yield accessible to the masses?

Function’s CEO, Thomas Chen, shares how properly structured onchain vaults could become a game-changer for users.

We are still early!

GoMining's survey of Bitcoin holders across the US, Canada, and Europe found that 77% of $BTC holders have never interacted with a BTCFi platform, yet most of them are interested in earning yield.

What do you think of these stats?

Full Report https://gomining.com/blog/77-of-bitcoin-holders-havent-tried-btcfi-what-our-latest-survey-reveals

Join us on Thursday at 11 AM ET for a discussion on "BTCFi Adoption in the US: Opportunities and Institutional Readiness".

We'll explore what institutional-grade BTCFi looks like in the US today, and what is still missing to support broader adoption.

Featuring:
Moderator: Zhixi Zhang, Senior BD & Product Strategist at BOB
Luke Hajdukiewicz, Chief Growth Officer at Concrete
Thomas Chen, CEO at Function
Michael Wei, Director of Product Management at BitGo


🗓️ Dec. 11, 11AM ET
📍 https://x.com/FunctionBTC

Do you know what happens behind the scenes when you mint $FBTC?

From the $BTC deposit into custody to monitored checks and multi-party approvals, several verification steps take place before $FBTC is issued on chain.

Learn more in our GitBook 👉 https://docs.fbtc.com/

The Acquire page is now live on Function’s website.

From minting and bridging to swapping powered by Odos, users can now acquire $FBTC and track bridge transactions via the new Bridge Explorer, all from one spot.

Explore the new page 👉 https://www.fxn.xyz/acquire

Sentiment is cyclical. Utility shouldn’t be.

As the $BTC Fear & Greed Index returns to 2022 levels, $FBTC is built to keep Bitcoin functional across market conditions.

Unlock BTC-Backed Yield on Solana with $FBTC on kamino Main Market.

The path is straightforward:
Supply FBTC → Borrow PYUSD → Deploy PYUSD into yield opportunities → Earn more from your BTC position.

Qualified users are eligible for an additional 1% annualized incentive.

For more details, please refer to the https://medium.com/@FunctionBTC/unlock-btc-backed-yield-on-solana-with-fbtc-on-kamino-main-market-6049fcf5cfd7