Libre and TON Foundation to Tokenize $500M in Telegram Bonds—Wall Street’s Worst Nightmare

Blockchain meets bonds in a move that could rewrite the rules of debt markets. Libre partners with TON Foundation to digitize half a billion in Telegram bonds—cutting out middlemen and slashing settlement times from days to seconds.

Why it matters: Traditional finance just got served another disruption notice. The same tech powering crypto memecoins is now eating the $130 trillion fixed-income market—starting with Telegram’s debt instruments.

The fine print: Watch how fast ’too risky’ becomes ’must-have’ when institutional players smell yield. Same old Wall Street playbook—just with blockchain lipstick.

The team behind it claims that the Telegram Bond Fund is one of the largest institutional RWA deployments so far.

TON “expands the reach of regulated RWAs to a global and digitally native user base,” says Jez Mohideen, Chairman of Libre and CEO ofcrypto arm.

“This collaboration brings together omni-chain institutional-grade infrastructure and mass-market blockchain usability, with sought-after TradFi assets that have a strong crypto alignment. [It will deliver] tokenized financial products that combine compliance with composability, unlocking real utility for both institutions and the TON community,” Mohideen states.

Meanwhile, Libre and TON Foundation say they will keep developing regulatory and legally compliant integrations of RWAs in the TON ecosystem.

Ton Foundation Meets Libre Gateway Infra

The announcement highlighted another move by Libre. It will deploy its multi-phase Libre Gateway infrastructure on TON as part of the collaboration.

The infrastructure will support compliant subscriptions, redemptions, and transferability of tokenized funds.

Furthermore, institutional and accredited investors will be able to subscribe to RWAs using fiat or stablecoins. The move will also enable them to manage their assets through TON-native wallets.

Real world assets (RWAs) on blockchain bring things like real estate, treasury bills, and corporate debt on-chain—making them programmable, tradable 24/7, and accessible.

The future of finance is on-chain.

Meanwhile, Libre explains that it is a purpose-built, Layer-1 AppChain for RWA infrastructure, which works by transforming RWAs into composable and compliant DeFi building blocks. Also, the Libre Gateway connects asset managers and digital distribution channels through on-chain subscriptions, redemptions, and cross-chain allocations.

So far, Libre says it has tokenized over $200 million in assets across funds from institutions such as,,, and. Notably, users will be able to access these funds too, in addition to the TBF.

“The launch of the Libre Protocol and the Telegram Bond Fund marks a major step forward in bringing regulated real-world assets to the TON ecosystem,” commented TON Foundation CEO Max Crown. “Libre’s infrastructure bridges the gap between compliance and decentralization, unlocking powerful new opportunities for TON’s community to engage with RWAs in a secure and accessible way.”

Meanwhile, at the time of writing,trades at $3.22. It’s down 1.7% in a day, 18% in a month, and 40% in a year. It is up 12.5% in a week.

Also, TON hit its all-time high of $8.25 in June 2024, decreasing by 60.9% since then.