$500M Telegram Bond Fund Set to Launch on TON
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Libre, a tokenization firm, is launching the Telegram Bond Fund (TBF) on the TON blockchain, marking a significant stride in institutional crypto adoption. The fund will tokenize $500 million worth of Telegram’s debt, providing accredited investors access to high-yield products backed by the messaging giant’s $2.4 billion in outstanding bonds.
Tokenized assets from the TBF can serve as collateral for on-chain borrowing and fuel project development within the TON ecosystem. This initiative bridges traditional finance with decentralized networks, leveraging Telegram’s vast user base to accelerate blockchain utility.
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