TON Foundation and Mantle Join Hands to Further EVM-Compatible Layer 2 Blockchain Innovation

10/26/232 min read

Mantleby Mantle

Ecosystem

TON Foundation and Mantle Join Hands to Further EVM-Compatible Layer 2 Blockchain Innovation

The Open Network (TON), a decentralized and open network that gives users the opportunity to own their digital identity, data and assets, has now joined Mantle Ecosystem as a part of a strategic alliance between TON Foundation and Mantle Network. Mantle Network is poised to become one of the driving forces behind expanding the interoperability of EVM-compatible Layer 2 (L2) capabilities on TON.

Introducing $jMNT on STON.fi

Users on Mantle Network can now access $jMNT, a wrapped version of $MNT, to trade and provide liquidity on STON.fi. $jMNT will also open the gateways to more diverse interactions, integrations, products and services offered between both networks, which will also expand possibilities for new use cases and user engagement.

Boosting Cross-Community Connections

This collaborative alliance exemplifies Mantle Network’s community-centric ethos; as an L2 blockchain accelerated and governed by the community, Mantle Network is committed to providing an enhanced user experience through the exchange of web3 resources, information and knowledge across communities with the help of a Telegram bot @community_bot.

"This initiative with Mantle Network bridges the gap between our communities, establishing a more interconnected and interoperable Web3 ecosystem for Telegram's large user base, said Justin Hyun, Director of Growth at TON Foundation. "Together, we are equipping users across both ecosystems with the most simple cross-chain experience possible.”

“We are thrilled to find a common purpose with TON Foundation through a strong alliance that will allow the core competency of each to shine and bring the greatest benefits to both communities,” said Jordi Alexander, Chief Alchemist of Mantle. “As TON Foundation’s principal partner towards advancing EVM-compatible Layer 2 blockchain capabilities on TON, we will work hand in hand with TON to help realize the vision of an interoperable multichain future that puts the users at the center.”


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