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Telegram’s TON Blockchain Hosts $500M Tokenized Bond Fund by Libre
Telegram’s TON Blockchain Hosts $500M Tokenized Bond Fund by Libre
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Libre, a tokenization specialist collaborating with 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 Telegram’s outstanding debt, offering accredited investors exposure to nearly $2.4 billion in bonds.
The institutional-grade yield products will also serve as collateral for on-chain borrowing and TON ecosystem development. "We’ve built a fixed income fund that acquires the bonds, then tokenizes the fund structure," said Libre CEO Avtar Sehra. Investors purchase units representing underlying bond assets.
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