$FBTC is now supported on Bybit!

Excited to announce this strategic integration with Bybit that enables seamless conversion between $BTC and FBTC.

👉 Convert FBTC to BTC and vice versa on Bybit Convert

Explore now: https://www.bybit.com/user/assets/exchange/index?from=uj

Withdrawals for $FBTC on-chain to the growing ecosystem of FBTC-powered DeFi applications will soon be made available to users, allowing them to explore expanded yield opportunities.

Stay tuned for official announcements on Bybit and Function.

Additionally, Bybit On-Chain Earn has just introduced a new BTC pool where users can stake their BTC to earn 2% APR over a fixed 45-day staking period.

Details ⤵️
https://announcements.bybit.com/article/limited-time-only-stake-btc-for-30-days-earn-2-guaranteed-apr-with-bybit-on-chain-earn--blt84aae6517f48876f/

BTCfi Poker Tournament

⏰ March 20th 6PM UTC

How to take part ❓
1️⃣ Register : https://app.lepoker.io/m/Fc0yxfP?r=FmSiUw
2️⃣Join our partners' Discord servers :

⚪Babylonians - https://discord.gg/qYpSTnavkb
⚪Bob - https://discord.com/invite/gobob
⚪Acre - https://discord.gg/qUqPD3RkZN
⚪Mezo - https://discord.gg/mezo
⚪Avalon - https://discord.gg/QZMXs3pjQM
⚪Function BTC - https://discord.gg/w3cHppnmTb
⚪RedStone - https://discord.gg/aEC7NGrqsn
⚪SatLayer - https://discord.gg/satlayer

Only those users who fulfill all the requirements above will be able to receive the reward

Rewards 💰:
In this table you can find all the rewards you can get: https://docs.google.com/spreadsheets/d/1TIrS93Wo7YChVPXpyhqCNgzqvJ4xhjqi6q0oN1alxkI/edit?usp=sharing


🔴 Rules
- No Limit Texas Hold'em
- To play poker, you need to register in advance
- When registering, specify the same nickname as in Discord
- After the tournament starts, you have up to 5 minutes to take your seat , if you fail to do so, you will be removed from the tournament without the possibility of re-entering

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/

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

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

🆕 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

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.

"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

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

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.

$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