TON Foundation and Librecap to Tokenize $500M Telegram Bonds on TON Blockchain

The TON Foundation has partnered with Librecap to tokenize $500 million worth of Telegram bonds, marking its entry into the real-world asset (RWA) tokenization trend. The Telegram Bonds Fund (TBF) will be launched on Libre’s specialized tokenization platform, leveraging the TON blockchain for on-chain ownership of outstanding bonds issued by Telegram.

Telegram has issued $2.35 billion in corporate bonds to date, a sector that remains underrepresented in tokenized RWAs. The TBF ticker will be available to accredited investors, offering exposure to Telegram’s debt instruments through blockchain technology.

This move signals growing institutional interest in merging traditional finance with decentralized infrastructure. The TON blockchain’s involvement underscores its positioning as a hub for scalable, real-world crypto applications beyond payments and speculation.