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Telegram Secures $1.7 Billion in Convertible Bond Frenzy—Wall Street Plays Catch-Up
Telegram Secures $1.7 Billion in Convertible Bond Frenzy—Wall Street Plays Catch-Up
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Messaging giant Telegram just pulled off a $1.7 billion power move—selling convertible bonds to investors scrambling for a piece of the next big tech bet. No IPOs, no fuss—just straight to the capital buffet.
Why it matters: While traditional finance still debates ’crypto risks,’ Telegram’s latest cash grab proves disruptive tech won’t wait for permission. The bonds could convert to equity, giving VCs a backdoor into one of the last major private tech unicorns.
The cynical take: Nothing says ’2025 market confidence’ like throwing $1.7B at an app known for crypto scams and privacy debates. But hey—when the Fed’s printing monopoly faces competition, even bankers play the long game.
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