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Market
What will be the adoption rate of TON Teleport BTC bridge by end of 2025?
3
Resolution / Starting Odds
High (over 10 million users) • 25%
Moderate (5-10 million users) • 25%
Low (1-5 million users) • 25%
Very Low (less than 1 million users) • 25%
User adoption statistics from TON or independent market analysis
Story
TON Launches Teleport BTC Cross-Chain Bridge for Bitcoin Transfers as $TGBTC in Telegram on November 29, 2024
Nov 29, 2024, 01:15 PM
The Open Network (TON) has announced the launch of the TON Teleport BTC cross-chain bridge, which facilitates Bitcoin transfers into and out of the TON blockchain ecosystem. This new feature allows users to transfer Bitcoin as $tgBTC directly through Telegram. The announcement includes the release of a whitepaper detailing the integration of decentralized Bitcoin on the TON platform, alongside technical documentation for the cross-chain bridge. This development aims to enhance the functionality of Bitcoin within the Telegram ecosystem, providing users with a seamless way to manage their cryptocurrency.
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