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

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