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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Algorand Blockchain integration into Wormhole native Token transfer standard
Gate News bot message, the Algorand Foundation officially announced that the Wormhole native token transfer (NTT) standard will be integrated into the Algorand Blockchain network. This integration project was completed in collaboration between Algorand and the lending and liquid staking protocol Folks Finance on the Algorand platform. It is reported that Wormhole's NTT standard currently supports over 40 blockchains, allowing users to achieve cross-chain native issuance and transfer of tokens without the need for asset wrapping.