What do you think will happen with DATs this quarter?

Function's CEO Thomas Chen, shared his thoughts on the current state of $BTC accumulation and how DAT strategies might be changing.

Join us this Thursday at 10 AM EST for a new panel on "Beyond Tokenization: From Infrastructure to Integration".

We’ll discuss how connecting all layers of the RWA stack can transform isolated pilots into a unified, institution-ready financial system, bridging secure infrastructure with real, scalable DeFi use cases.

Featuring:
Moderator: Sohan Sen, Partner at Mirana Ventures & Manager, at Mantle Index Fund
Ezreal Kung, Head of BD at Cobo
Thomas Chen, CEO at Function
Teddy Pornprinya, Co-founder & CBO at Plume
Jordan Walker, Growth, Business Development and Capital Formation at Re7 Capital

🗓️ Nov. 6, 10AM EST
📍 Function 𝕏

We are live : https://x.com/i/broadcasts/1lPKqvRXWMLGb

This week's DeFi collapse is a stark reminder: not all "market and delta neutral" strategies are created equal. It's important to understand these differences, especially regarding on-chain versus off-chain implementations

Millions of dollars were lost from opaque offchain strategies that broke during volatile market environments.

At Function, we take a different approach and offer a spectrum of choice. Users have direct access to strategies within our curated yield market that are:

- 100% onchain & transparent with visible positions at all times
- Simple rate arbitrage: deposit FBTC → borrow stables → redeploy to capture supply/borrow rate differentials
- Not recursive looping
- Not basis trading
- Not proprietary black box strategies

This design aims to provide a BTC-on-BTC yield with an estimated APY that has historically ranged from approximately 2-7%, based on past performance.

You can see exactly where your FBTC is at any moment. No hidden counterparty risk. No surprise breakdowns. Just straightforward, verifiable yield.

This is what institutional-grade BTC yield should look like.

Disclaimer: DeFi involves risks, including smart contract risk, impermanent loss, and market volatility. Users should conduct their own research and understand the risks before participating.

Auto-compounding is now available on vaults by Sentora.

Starting today, users will have the option to enable auto-compounding which automatically redeploys the earned yield.

Learn More 👉 https://www.fxn.xyz/

"Bitcoin isn’t simply a store of value; it is programmable collateral. It is productive capital. It is the base layer for institutional participation in onchain finance." — Thomas Chen, CEO of Function shared with Cointelegraph

Read the full article 👇
https://cointelegraph.com/news/bitcoin-is-infrastructure

🎙️ First panel of the day at The Bridge Conference in New York, hosted by The Tie

Function’s CEO Thomas Chen moderated “The Institutional Bridge to DeFi: How Funds Engage with Yield, Governance, and Risk On-Chain,” joined by speakers from Ava Labs, Dragonfly, 3iQ, and Intchains Group.

Key themes:
1. Bridging takes time and trust: Institutions still require legacy-style frameworks.

2. Tokenization ≠ DeFi adoption: Institutions are still missing real utility for true on-chain participation.

3. Legacy + digital rails must converge: Web3 needs to demonstrate that it solves institutional problems through compliant, transparent infrastructure.

Round 2 at The Bridge Conference!

Thomas Chen joined speakers from Galaxy, Securitize, and Aptos Labs, in a panel moderated by Plume, to discuss the next phase of tokenized assets and RWA adoption.

Key takeaways:
1. DeFi users prioritize liquidity and yield; these remain the main drivers behind what gets tokenized.
2. Institutions focus on principal protection, custody, security of the underlying asset, and clear access controls are essential.
3. Tokenizing RWAs doesn’t remove intermediaries; it redefines them. Coordination across all layers of the stack is key to scale.

Thank you to The Tie for hosting another excellent event! Great discussions, strong turnout, and high-quality content throughout.

How can $FBTC be used?

✔️ Vaults
Curated strategies supported by Sentora and CIAN.

✔️ DeFi
$FBTC can be deployed for lending and borrowing opportunities on protocols like AAVE, Compound, Init Capital, Lendle, Avalon Finance or Omega.

✔️ Liquidity Provision
Users can providing liquidity on DEXs like Merchant Moe_, Uniswap or DODO.

✔️ Staking
Bybit, Bedrock, PumpBTC, SatLayer and Pell Network allow staking.

Security and transparency sit at the core of Function.

Independent audits from MixBytes, Secure3, and BlockSec are now live, providing a transparent review of the systems that secure FBTC.

Full reports: https://docs.fbtc.com/more/audit-reports

1 $FBTC = 1 $BTC

Fully backed. Transparent. Easy to verify 👇
https://fxn.xyz/proof_of_assets

How do retail users and institutional investors evaluate opportunities in DeFi differently?

Function's CEO, Thomas Chen breaks down the core factors that separate the two approaches.

Stay connected with Function across all platforms!

We’re building, growing, and sharing updates everywhere you are.
Join our communities on :

Twitter: https://x.com/FunctionBTC
LinkedIn: https://linkedin.com/company/fbtc/
Discord: https://discord.com/invite/functionbtc
Medium: https://medium.com/@FunctionBTC

Looking to acquire $FBTC?

Bybit users can convert $BTC to $FBTC at 1:1 with 0% fees.

https://bybit.com/user/assets/exchange/index

$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.