Telegram Plans $1.5 Billion Bond Offering – TON Surges 6%
Telegram, the popular messaging app with over 900 million users, is set to raise $1.5 billion through a five-year bond offering at 9% annual interest. The move, led by CEO Pavel Durov, aims to refinance the company’s 2021 debt while attracting major institutional investors—including BlackRock, Mubadala, and Citadel.
Key Details of the Bond Offering
🔹 $1.5 billion in five-year bonds at 9% yield
🔹 Backed by major funds (BlackRock, Mubadala, Citadel involved)
🔹 Funds will refinance Telegram’s 2021 debt (from previous convertible bonds)
🔹 TON coin surges 6% on the news
Why Is Telegram Raising Capital?1️⃣ Debt Restructuring – The new bonds will replace Telegram’s 2021 convertible notes, giving the company more financial flexibility.
2️⃣ AI Expansion – Telegram plans to integrate AI-powered features, requiring additional funding.
3️⃣ TON Ecosystem Growth – The company continues to invest in The Open Network (TON), its blockchain project.
How Did TON React?The TON cryptocurrency (linked to Telegram’s ecosystem) jumped ~6% after the announcement, signaling investor optimism. Key factors driving TON’s growth:
✔ Telegram’s massive user base (potential for crypto adoption)
✔ Expanding Web3 & payment integrations
✔ Strong institutional backing
What’s Next for Telegram & TON?- AI features coming soon (competitor to ChatGPT inside Telegram?)
- More Web3 integrations (TON Pay, mini-apps, DeFi)
- Potential IPO in the future? (Durov has hinted at going public)
Telegram’s $1.5 billion bond sale is a major vote of confidence from Wall Street giants. With AI upgrades and TON’s expansion, the company is positioning itself as a tech-finance hybrid. If TON keeps gaining traction, this could be just the beginning of a crypto-messaging revolution.
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