Function Secures $10M from Galaxy Digital, Antalpha & Mantle to Supercharge Bitcoin Yield—Bullish DeFi Play

BTCC / BTCC Square / CoindeskEN /

Author:

CoindeskEN

Release Time:

2025-07-15 10:00:00

Function Raises $10M to Bring Yield to Bitcoin; Gets Backing From Galaxy Digital, Antalpha, and Mantle

Bitcoin just got a yield injection—and Wall Street's crypto cavalry is riding in.

Function's $10M funding round, backed by heavyweights Galaxy Digital, Antalpha, and Mantle, signals a seismic shift: TradFi giants are betting big on Bitcoin DeFi. Because apparently hodling wasn't profitable enough for their spreadsheets.

The Pitch: Turning BTC from Digital Gold to Cash Cow

Function's protocol promises to unlock yield on idle Bitcoin—no wrapping, no sidechains, just pure BTC working harder than a VC during a bull run. Galaxy's involvement suggests institutional demand isn't just coming; it's writing checks.

Why This Matters

With Mantle's Ethereum scaling tech in the mix, this could bridge the gap between Bitcoin maximalists and yield-hungry DeFi degens. The play? Capture a slice of Bitcoin's $500B+ idle value—because in crypto, even 'sound money' needs to make noise.

Cynical take: Nothing unites TradFi and crypto like the scent of leveraged returns. Just don't mention 2022.

By:

Log in to Reply

Bitcoin & XRP Open Interest Nears ATH as Bulls Brace for Pullback – Here’s Why It Matters

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.