TON Foundation plans to launch Bitcoin cross-chain bridge service TON Teleport BTC
The TON Foundation plans to launch the Bitcoin cross-chain bridge TON Teleport BTC, which is said to be a trust-free bridge service designed to facilitate secure bitcoin transfers with the Telegram-linked network. The TON Foundation said the bridge service is designed to enable bitcoin holders to participate in decentralized finance (DeFi) activities on TON while maintaining the security of their original assets.