TON Foundation introduced tokenized Bitcoin — tgBTC
The developers published the white paper of the TON Teleport BTC project. This is a project that will allow you to seamlessly transfer Bitcoin to the platform and withdraw them back. According to the developers, this will significantly expand the capabilities of users. TON Teleport BTC was first introduced in July 2024.
The blockchain team noted that the cross-chain bridge will enable interaction with various exchanges, credit platforms and decentralized applications (dApps) on the network.