TON partners with Axelar to promote interoperability

Oct 16, 2024 21:24:03

according to The Block, the TON Foundation has chosen Axelar's Mobius development stack as its preferred interoperability solution, aimed at enhancing the connectivity of the TON blockchain with other chains, enabling asset transfers between TON and other blockchains, and supporting the development of cross-chain decentralized applications.

This integration will also prevent liquidity fragmentation, ensuring that assets do not become isolated on different chains, and will reduce user operation costs by providing a unified cross-chain experience.

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