The Open Network (TON) Foundation, an organization overseeing the Telegram-focused blockchain network TON, has introduced forthcoming infrastructure bolstering Bitcoin utility on the platform.

TON Teleport BTC, as the new infrastructure is called, bridges transfers between Bitcoin and TON. It aims to improve the use cases of Bitcoin in the TON ecosystem for decentralized exchanges, lending protocols and other DeFi utility.

"You can now transfer Bitcoin to TON and back using TON Teleport," said Anatoliy Makosov, TON’s technical lead, in a statement. "This decentralized and secure technology operates without intermediaries or limits. All transactions are executed via smart contracts and verified by TON blockchain validators. Storing and using Bitcoin on TON is as secure as on the Bitcoin …