Institutional Business Development Lead

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About FBTC

Function is building the premier infrastructure layer for making Bitcoin a productive asset across DeFi. Our core product, FBTC, is a secure, omnichain wrapper for Bitcoin that enables yield generation, lending, and DeFi composability without counterparty risk. Currently we have over $1.5B in TVL across 10 chains. Backed by leading investors including Galaxy, Antalpha, Mirana, and Mantle, we are scaling aggressively across DeFi, RWAs, and institutional distribution channels.

The Role

We’re looking for an experienced Institutional BD Lead to help drive our growth across integration with retail platforms / wallets / custodians / exchanges and adoption within institutions. You will work closely with the CEO and core contributors to shape our strategy, validate go‑to‑market paths, and lead execution with high‑leverage ecosystem partners and institutional LPs. This role sits at the intersection of structured strategic thinking, fast‑paced crypto‑native execution, and professional institutional relationship management.

Key Responsibilities

• Institutional Pipeline & Revenue Generation
• Build, own, and manage a revenue‑focused pipeline across exchanges, custodians, asset managers, funds, market makers, and platforms
• Drive FBTC adoption across institutional users and enterprise partners
• Negotiate commercial terms, rev‑share deals, merchant programs, and integration economics
• Track, forecast, and report on revenue KPIs and partner performance metrics
• Channel & Ecosystem Expansion
• Lead BD with wallets, custodians, structured product desks, staking providers, and earn platforms
• Scale the FBTC Merchant Program—identifying new minters, strategic market makers, and liquidity partners
• Coordinate with ecosystem partners (Mantle, Solana, CEXs, RWA issuers) to expand cross‑chain distribution
• Strategic Partnerships & Market Development
• Identify new institutional verticals for BTC yield, RWA flows, treasury solutions, and structured yield pathways
• Collaborate with CEO, COO, and R&D to match partner needs with product roadmap
• Evaluate strategic pathways for credit products, BTC yield vaults, RWA integrations, and institutional liquidity routing
• Develop commercial frameworks, playbooks, onboarding flows, and deal templates
• Product Alignment & Cross‑Functional Leadership
• Translate institutional partner needs into product specs with Product & Engineering
• Partner with Marketing to create institutional GTM campaigns and product narratives
• Ensure high‑quality execution across onboarding, compliance, integration, and partner success
• Serve as a direct conduit between market feedback and product iteration

Who You Are

Bonus Points

What Success Looks Like (First 90 Days)

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Business Development and Sales

Industries

Software Development

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