Toncoin TON to Host $500M Telegram Bond Tokenization via Libre’s New Fund
Tokenization firm Libre is bridging traditional finance with decentralized ecosystems by tokenizing $500 million worth of Telegram-issued bonds on The Open Network (TON). The newly launched Telegram Bond Fund (TBF) will allow institutional investors to access Telegram’s $2.4 billion corporate debt via blockchain for the first time.
Tokenized units on TON’s blockchain will enable DeFi utility, including collateralization, lending, and yield generation. Libre CEO Avtar Sehra describes this as a major step toward institutional adoption of blockchain-based fixed-income products.