Function Completes $10.00 Million Seed Round, Led by Galaxy Digital

According to CoinDesk, crypto infrastructure company Function has announced the completion of a $10.00 million seed round led by Galaxy Digital, with participation from Antalpha and Mantle. Function (formerly Ignition) is dedicated to introducing institutional-grade yields to Bitcoin, and its flagship product, FBTC, is a fully reserved, composable representation of Bitcoin, with a current total value locked (TVL) of $1.50 billion. [Foresight News]