Shocking News: Function Raises $10M for Wild Bitcoin Adventure! 🚀💰

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Well, grab your top hats and monocles, folks, because crypto infrastructure company Function just pulled $10 million out of their magic hat in a sparkly seed funding extravaganza! 🎩✨ Led by the fabulous Galaxy Digital, this cash injection is aimed at launching their new star — the FBTC, which sounds like it might just be the next best thing since sliced bread! 🍞

Function, formerly known as Ignition (because rebranding is like a mid-life crisis for companies), has thrown a party for this cash infusion. They even invited Antalpha and Mantle to dance along with Galaxy, who are also handing out favors for liquidity provisioning, governance, and making sure nobody spills their drinks on the carpet. 🍹

What’s the scoop? They’re working on turning Bitcoin into a magic trick — I mean, a fully reserved, composable asset, which lets institutions juggle their coins while keeping a watchful eye. FBTC is not just some random Bitcoin; it’s the golden goose of asset backing with its shiny 1:1 ratio! 🥚✨

The big reveal? FBTC is already stacking up $1.5 billion in total value! That’s more cash than some people have seen in their entire lives, all locked up like the world’s smallest vault. Coincidence? I think not! 🔒💸

Apparently, in the wild world of Bitcoin, things are getting spicy. No longer just sitting there like an old uncle at a family reunion, Bitcoin is stepping into the limelight! Like Babylon Genesis — another crypto whiz kid — is turning dreams into reality with their staking protocol. It’s like a crypto circus out here! 🎪

And just when you thought it couldn’t get crazier, GOAT Network swings in with their Bitcoin Yield Dashboard! It’s like a buffet of non-custodial yield products tied directly to Bitcoin, because who doesn’t want more options? 🥳🍽️

So, is your treasure just going to collect dust? Well, hold on to your Bitcoin! By 2026, if you’re treating Bitcoin like a wallflower at the party, you might just miss out — with the new rule being “Make it Rain!” 💧💰

“By 2026, treating bitcoin as a passive treasury asset may no longer be enough. The new standard will be actively earning yield,” said Thomas Chen, the CEO of Function, who definitely knows how to sell the sizzle! 📈

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2025-07-15 15:48