Function FBTC – Milestones
Key milestones and important events in Function FBTC's history.
4
Total Milestones
2024
Earliest
2025
Latest
1 yr
Span
Showing 4 milestones for Function FBTC
20252 milestones
4
1 Jul 2025
Raises $10 Million in Seed Funding
Function announced it closed a $10 million seed funding round led by Galaxy Digital, with participation from Antalpha and Mantle.
www.coindesk.com/business/2025/07/15/function-raises-10m-to-bring-yield-to-bitcoin-gets-backing-from-galaxy-digital-antalpha-and-mantle3
1 Feb 2025
Rebrands from Ignition to Function
The project officially rebranded from Ignition FBTC to Function, reflecting its mission to establish an institutional yield standard for Bitcoin.
medium.com/@FunctionBTC/ignition-is-rebranding-to-function-877ec1c548ed20242 milestones
2
1 Nov 2024
Integrates Chainlink Proof of Reserve
Ignition (now Function) adopted Chainlink's services, including Price Feeds and Proof of Reserve (PoR), to enhance the transparency and reliability of the FBTC asset.
medium.com/@FunctionBTC/ignition-adopts-chainlink-to-enhance-fbtcs-transparency-f421f1e9addc1
1 Jul 2024
FBTC Token Officially Launches
The $FBTC token officially launched and became available for swapping and bridging on the Ethereum and Mantle networks.
medium.com/@FunctionBTC/fbtc-is-live-on-ethereum-and-mantle-e7cb359a1c1d