According to data from DeFi Llama, the total value locked (TVL) of FBTC, a cross-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%. FBTC is a cross-chain Bitcoin asset launched by Ignition that is pegged 1:1 to BTC, and has been integrated with over 40 on-chain protocols across Ethereum, Mantle, BNB chain, Bob, and Arbitrum, covering a variety of yield options.