Flare CEO Plans Bitcoin Integration With FBTC Token for DeFi Push

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Flare Networks CEO Hugo Philion announced plans to scale FAssets technology to Bitcoin through the wrapped FBTC token. The project aims to turn Flare into a programmable layer for isolated assets, with Philion noting the current market downturn by saying "the market sucks, but not forever."

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Flare CEO plans to integrate Bitcoin via FBTC token, expanding Bitcoin's DeFi utility.