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Toncoin TON Expands into Real-World Assets with $500M Telegram Bond Fund
Toncoin TON Expands into Real-World Assets with $500M Telegram Bond Fund
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Libre, a tokenization firm partnered with institutional heavyweights including Brevan Howard, Hamilton Lane, and Nomura’s Laser Digital, is launching a $500 million Telegram Bond Fund (TBF) on The Open Network (TON). The fund will tokenize debt from Telegram’s $2.4 billion outstanding bonds, offering accredited investors institutional-grade yield products.
"We’ve built a fixed-income vehicle that acquires the bonds and tokenizes the fund structure," said Libre CEO Avtar Sehra. The tokenized units will serve dual purposes: providing yield exposure and functioning as collateral for on-chain borrowing within TON’s ecosystem.
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