Altcoin Hub logo Altcoin Hub logo
2025-04-30 18:03:11

TON and Libre launched a $500 million fund to tokenize Telegram's debt

The TON Foundation, together with the Libre platform, announced the launch of the Telegram Bond Fund, a $500 million fund that allows you to tokenize Telegram's corporate bonds through the TON blockchain.

Key details:

 Total volume of Telegram debt securities: $2.4 billion

 Investors receive regulated access to these securities in the format of DeFi assets

 Bonds can be bought and stored through TON wallets

 Tokenized debt can be used as collateral for DeFi strategies

 Libre CEO Jez Mohidin (Laser Digital, a subsidiary of Nomura):

"We combine institutional-grade infrastructure with the accessibility of the TON blockchain"

 This is one of the largest institutional initiatives in the RWA (real assets) space: Libre has already partnered with BlackRock, Nomura, and Brevan Howard. Total tokenized assets: $200+ million

 The fund from TON and Libre is trending:

 Success of BlackRock's BUIDL ($2.5 billion TVL)

 DAMAC and MANTRA deal for $1 billion in Dubai

 According to DeFiLlama, the RWA market exceeded $11.1 billion, doubling in a year

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.