According to Foresight News, Mantle has announced the launch of FBTC, an asset pegged 1:1 to Bitcoin, on the Mantle Network. Developed by Ignition, FBTC allows holders to explore DeFi yields with their idle Bitcoin across multiple chains. Mantle stated that as a core contributor to Ignition, it has expanded its supported asset list from ETH-based assets (mETH) to include the Bitcoin ecosystem.