TON and Libre Initiate $500M Fund for Telegram Debt Tokenization
- The TON Foundation and Libre have launched a $500 million Real World Asset (RWA) fund.
- This initiative aims to convert Telegram’s $2.4 billion corporate bonds into DeFi assets.
- Institutional investors gain regulated access via the TON blockchain.
- The fund is one of the largest institutional efforts in the RWA sector.
- Dr. Jez Mohidin, Chairman of Libre, emphasized merging traditional finance with blockchain technology.
The TON Foundation and Libre’s $500 million fund will transform $2.4 billion worth of Telegram bonds into decentralized finance assets, offering institutional investors regulated access through the TON blockchain.
Source (2.6)https://hodl.press/ton-and-libre-launch-500m-fund-for-telegram-debt-tokenization/?rand=24434