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Bybit Web3 has announced a partnership with FBTC's Ignition to revolutionize the interaction between Bitcoin and Ethereum ecosystems. The Bybit Web3 Wallet now supports FBTC, an omnichain Bitcoin asset pegged 1:1 to BTC, which is designed to unleash Bitcoinโs potential within decentralized finance (DeFi). This collaboration aims to eliminate custodial counter-party risk by connecting billions in real native Bitcoin to the Swell Network via aggregation with SwapKit and THORChain. Additionally, users can now swap and bridge FBTC on the Ethereum and Mantle networks, marking a new era of Bitcoin DeFi with increased liquidity and yield options.
๐ฅ We're setting the trail ablaze with $FBTC under Ignition. Swap and bridge $FBTC on the Mantle and Ethereum networks today ๐ https://t.co/NKfeqvfH2n The days of limited yield options on Bitcoin are now behind us. https://t.co/JuNHJjS5up
The days of limited yield options with Bitcoin are behind us. Users can now swap and bridge $FBTC on the Ethereum and Mantle networks, bringing us closer to our vision of liberating Bitcoin's growth. Welcome a new era of Bitcoin DeFi, with Ignition ๐ฅ https://t.co/vyaKGzqAAb https://t.co/63phYLzz1H
An industry changing movement is taking shape. No more custodial counter-party risk. SwapKit and @THORChain shall connect $ billions in real native #Bitcoin to @swellnetworkio via aggregation. The Liquidity Must Flow. ๐๐๐ https://t.co/kTDnhsTRjA
