Telegram Bond Fund to Tokenize $500 Million of Debt on TON Blockchain

Real-world assets (RWA) are coming to The Open Network (TON) in the form of tokenized Telegram debt through the Telegram Bond Fund (TBF). Libre Capital will launch the $500 million fund on TON , enabling accredited investors to access tokenized Telegram bonds and yield through the fund. “This builds on Libre’s $200M+ RWA track record with firms like BlackRock, Brevan Howard, etc, and now brings regulatory-compliant DeFi-native access to Telegram’s ~$2.35B in bond issuance for institutional and accredited investors,” said Max Crown, CEO of the TON Foundation. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant