Deep Tide TechFlow news, on November 19, according to data from DeFi Llama, the TVL of FBTC, a full-chain Bitcoin asset initiated by Ignition, has surpassed 1 billion USD, with a 7-day increase of over 27% and a 30-day increase of over 256%.

It is reported that FBTC is a full-chain Bitcoin asset launched by Ignition, pegged 1:1 to BTC. The asset's issuance adopts TSS/MPC technology, providing users with secure and transparent cross-chain liquidity and yield sources for Bitcoin assets. It has been integrated with over 40 on-chain protocols across Ethereum, Mantle, BNB chain, Bob, and Arbitrum, covering various yield options.