TON Accelerator partners with Bybit to advance cross-chain innovation

TON Accelerator and crypto exchange Bybit have partnered to launch the Cross-Chain Synergy Cohort.

This program aims to help developers create projects compatible with multiple blockchain networks. It aims to connect the TON (TON) ecosystem associated with the Telegram Open Network to the Ethereum Virtual Machine ecosystem, according to a press release seen by crypto.news.

The program provides developers with marketing support, mentorship and access to Bybit’s Web3 wallet. This wallet integration enables the cross-chain interactions required to connect blockchains such as TON and Ethereum (ETH).

Cross-chain technology allows assets and data to move seamlessly between different blockchain networks, addressing the silos that often limit blockchain applications.

Another important focus of the program is liquidity. Bybit will help participants access resources to grow their projects, including a direct link to its platform. The purpose of this support is to help developers bring their ideas to market more efficiently.

Program Interoperability

The Cross-Chain Synergy Group also highlights TON’s connection to Telegram’s 950 million users. By integrating Web3 tools and promoting interoperability, the initiative aims to attract more users to decentralized applications and expand the reach of blockchain technology.

TON Accelerator’s Sophia Rusconi said the program will “bridge the TON and EVM ecosystems” while accelerating startup growth. Bybit’s Emily Bao added that the partnership reflects Bybit’s goal of creating a simpler and more open blockchain ecosystem.