Toncoin Surges Amid Telegram’s Financial Moves and xAI Deal
- Toncoin increased by nearly 12%, trading at $3.37.
- Telegram plans to raise $1.5 billion through a bond issuance.
- The bond offers a 9% yield, attracting interest from major investment firms.
- Telegram struck a $300 million deal with Elon Musk’s xAI for AI chatbot integration.
- Pavel Durov, Telegram’s founder, faces legal challenges in France.
Toncoin saw a significant rise as Telegram announced plans to raise $1.5 billion and secured a $300 million agreement with xAI for AI chatbot deployment on its platform.
Source (2.6)https://decrypt.co/322462/toncoin-soars-amid-telegram-musk-xai-deal-1-5-billion-bond-sale-report?rand=52368