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Ontology announces a partnership with Celer Network

Hassan Maishera - Cryptowisser
2022-07-06 10:36
The Ontology team announced in a Medium post on Tuesday that it has partnered with the Celer Network. With the partnership, Celer Network has implemented bridging support for Ontology Ethereum Virtual Machine (EVM). As a result, users can bridge USDT, USDC, ETH, and WBTC via the Open Canonical Token Standard between ETH and Ontology EVM in a fast, secure, and low-cost fashion. Celer Network added that it will add support for more tokens moving forward.
Ontology is a high-performance public blockchain and distributed collaboration platform. Ontology aims to solve the trust problem with blockchains, with a prime focus on identity security and data integrity issues.
ONT token is up by more than 0.98% in the last 24 hours and now trades at $0.2359.
Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by more than 0.65% in the last 24 hours and is currently trading at $0.01537.
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