Toncoin TON Ecosystem Expands as Libre Launches $500M Telegram Bond Fund for RWA Tokenization
Libre is bridging traditional finance and decentralized ecosystems with a $500 million Telegram Bond Fund (TBF) on The Open Network (TON). The initiative tokenizes existing Telegram debt, offering accredited investors institutional-grade fixed-income products with full on-chain utility.
The fund, backed by over $2.35 billion in outstanding Telegram bonds, enables collateralized borrowing and on-chain product development within TON’s ecosystem. "What we’ve created is like a fixed income fund that acquires the bonds and then we tokenize the fund," said Libre CEO Avtar Sehra.
TON’s integration with Telegram’s 950 million-user base amplifies the potential reach of this RWA tokenization milestone.