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Function Crypto Secures $10M Seed Funding: Unlocking New Frontiers for Bitcoin Infrastructure

2025-07-15 18:15:42

Function Crypto Secures $10M Seed Funding: Unlocking New Frontiers for Bitcoin Infrastructure

Main Idea

Function Crypto secured $10 million in seed funding led by Galaxy Digital to advance its crypto infrastructure and flagship product FBTC, a fully reserved Bitcoin solution, reflecting growing institutional interest in digital assets.

Key Points

1. Function Crypto raised $10 million in seed funding, with Galaxy Digital as a key investor, to support its crypto infrastructure and FBTC product.

2. FBTC is a fully reserved Bitcoin product with $1.5 billion in Total Value Locked (TVL), ensuring 1:1 backing by actual Bitcoin for transparency and trust.

3. The funding will help scale FBTC and strengthen Function Crypto's position in the market as a reliable Bitcoin infrastructure provider.

4. The investment reflects broader trends of increasing institutional interest in digital assets beyond just price volatility, focusing on infrastructure and stability.

5. Function Crypto's solutions aim to bring stability and efficiency to the cryptocurrency ecosystem, supporting mainstream adoption.

Description

BitcoinWorld Function Crypto Secures $10M Seed Funding: Unlocking New Frontiers for Bitcoin Infrastructure In a significant development poised to reshape the digital asset landscape, Function Crypto, a leading innovator in crypto infrastructure, has successfully secured a substantial $10 million in a seed funding round. This pivotal investment, spearheaded by industry giant Galaxy Digital, with key participation from Antalpha and Mantle, marks a resounding vote of confidence in Function’s vision...

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Tags:
Crypto News BITCOIN Crypto Infrastructure Function Crypto Galaxy Digital seed funding
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