Ethereum

LayerZero

Foundation

Telos

Partner

<div class="cryptonews">
 <p class="is-style-lead">The Telos Foundation shares news of a bridge solution that will enable users to transfer assets and data between any blockchain supported by LayerZero.</p>
 <p>Per an Oct. 24 announcement, the joint effort aims to improve blockchain scalability, security and user-friendliness, ushering in what the Telos aims to be a new era for the industry.</p>
 <h2 class="wp-block-heading" id="transfer-assets">Transfer assets</h2>
 <p>Leveraging the Telos Bridge, individuals now have the capability to transfer assets between Telos and various blockchain networks, including Ethereum, BSC, Arbitrum, Avalanche and Polygon, with support for upcoming chains on the horizon.</p>
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    <p lang="en" dir="ltr">1/ Introducing the Telos Bridge, Powered by @LayerZero_Labs! <br><br>Telos and LayerZero are proud to <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a> a <a rel="noopener noreferrer nofollow" title="strategic" href="https://thebittimes.com/tag/strategic.html">strategic</a> <a rel="noopener noreferrer nofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a> focused on enhancing scalability, and security while improving ease of use within the blockchain space. pic.twitter.com/Pi3BSXu3D1</p>— The Telos Foundation (@HelloTelos) October 24, 2023
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 <p>With the introduction of the new endpoint, applications integrated with LayerZero can establish direct interactions with the Telos Network. This means developers who are constructing applications on other networks supported by LayerZero have the option to expand their offerings to include Telos integration.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Telos, ApeSwap, Partner to Offer Users High-Yield Farming Products
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 <p>The <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a>ment concludes by inviting users and developers to try the bridge and explore the related capabilities that come with this new <a rel="noopener noreferrer nofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a>.</p>
 <h2 class="wp-block-heading" id="growth-through-partnerships">Growth through partnerships</h2>
 <p>Telos, often recognized for tEVM, one of the fastest Ethereum Virtual Machines available today, has <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a>d a few other <a rel="noopener noreferrer nofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a>s this year. Earlier in October, Telos signed a <a rel="noopener noreferrer nofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a> deal with&nbsp;ApeSwap, a decentralized exchange on BNB to offer users high-yield farming products, alongside a June <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a>ment of a collaboration with&nbsp;GameStop.</p>
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 <p>At the same time, LayerZero had recently been outed for having close ties with the fallen&nbsp;FTX.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FTX sues LayerZero Labs to recover $21m
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/telos-and-layerzero-announces-strategic-partnership-tbt67598.html">https://thebittimes.com/telos-and-layerzero-announces-strategic-partnership-tbt67598.html</a></p>

Telos and LayerZero announces strategic partnership

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