Telegram May Enter Cryptocurrency

TON, Telegram Open Network

Cryptocurrency by Russia’s Telegram Founder Raises $850 Mln in Investments In early January, the TechCrunch website reported Telegramā€™s plans to launch its own blockchain, the ā€œTelegram Open Networkā€ (TON), platform and homegrown cryptocurrency. Russian tech genius, founder of Vkontakte and Telegram, Pavel Durov has filed a ā€œNotice of Exempt Offering of Securitiesā€ with the US Securities and Exchange Commission (SEC), reporting $850 million raised from 81 investors for ā€œthe development of the TON Blockchain, the development and maintenance of Telegram Messenger.ā€ While the SEC filing did not disclose the names…

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