Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils “Sparkle” Campaign”

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BitcoinWorld 14h ago

Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils “Sparkle” Campaign” - BitcoinWorld

Quick Summary:

As Ignition continues to innovate and expand FBTC’s capabilities, we’re not just creating opportunities for yield — we’re reimagining how Bitcoin interacts with the broader DeFi ecosystem,” said Igneus Terrenus, Paramount Pyromancer at Ignition.

Looking ahead, Ignition is collaborating with Babylon, the self-custodial Bitcoin Staking Protocol that aims to build a Bitcoin-secured decentralized world, to launch a BTC vault that gives users exposure to Babylon native staking.

The ability to swap and bridge FBTC between Ethereum, Mantle Network and BNB Chain further enhances its utility, making it accessible for a majority of blockchain users.