According to Odaily Planet Daily, RWA tokenization company Libre will tokenize $500 million of Telegram debt in the form of blockchain on the TON network. Libre CEO Avtar Sehra said that they created a fixed-income fund similar to that of acquiring bonds first and then tokenizing them. When you purchase fund shares, these shares are recorded on the TON chain, allowing you to obtain the underlying bond income. This creates opportunities for using bonds as collateral, simplifying transfers, etc., ultimately enabling these financial instruments to create utility.