Milestones

Key milestones and important events in this wiki's history

FBTC Token Officially Launches

1st July 2024

The $FBTC token officially launched and became available for swapping and bridging on the Ethereum and Mantle networks.

Rebrands from Ignition to Function

1st February 2025

The project officially rebranded from Ignition FBTC to Function, reflecting its mission to establish an institutional yield standard for Bitcoin.

Raises $10 Million in Seed Funding

1st July 2025

Function announced it closed a $10 million seed funding round led by Galaxy Digital, with participation from Antalpha and Mantle.

Integrates Chainlink Proof of Reserve

1st November 2024

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.

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