FBTC: A New Omnichain 1:1 Tokenized BTC

As the DeFi ecosystem ascends to over $100B TVL for the first time since the last bull run, the demand for deeper liquidity only grows across the major L1s and L2s. Although Ethereum Mainnet has nearly nine times the value deposited onchain as the next closest DeFi ecosystem, the world’s most liquid cryptocurrency remains BTC at over $1.3T in market cap.