Telegram bonds go blockchain with $500M tokenised fund
Tokenised RWAs are gaining momentum, with the Telegram Bond Fund becoming a member of rising initiatives within the institutional house.
Libre and the TON Basis have launched a $500 million tokenised fund, the Telegram Bond Fund, to deliver Telegram’s $2.4 billion in company debt onto the blockchain. Accessible on The Open Community (TON), the fund offers institutional and accredited traders direct entry to Telegram’s bonds.
The fund additionally permits participation in future bond choices and provides collateral choices throughout the TON ecosystem. The launch is likely one of the largest institutional strikes within the Actual-World Asset (RWA) house, which is ready to exceed $50 billion this 12 months.
Libre, a regulated real-world asset platform, manages the fund with infrastructure that helps fiat and stablecoin subscriptions. Traders will use TON-native wallets to deal with property. The initiative bridges conventional finance with blockchain know-how.
The transfer displays rising curiosity in tokenised RWAs. Main monetary gamers like BlackRock and Circle are tokenising property comparable to US Treasuries and actual property. The worth locked in RWA protocols has doubled previously 12 months, highlighting the demand for blockchain integration in conventional finance.
