On August 15th, TON's official announcement on the social media platform X revealed that they are about to introduce a BTC network bridge token called 'tgBTC'. This bridge token is designed to enable users to securely and trustlessly transfer Bitcoin to the TON blockchain, allowing for interaction with various decentralized finance (DeFi) applications on the network, including decentralized exchanges (DEXs) and lending platforms. This move will provide Bitcoin holders with a broader range of use cases and liquidity, while also enhancing the functionality and practicality of the TON ecosystem. With the release of tgBTC, users can look forward to establishing bridges more conveniently between traditional cryptocurrencies and the emerging DeFi world, driving the liquidity and interoperability of crypto assets globally.