💼 Telegram aims to raise $1.5B through bond offering
Telegram will issue five-year bonds at 9% interest to refinance older obligations from 2021, WSJ reports. BlackRock, Mubadala, and Citadel are involved.
Bonds are convertible to equity at a discount in the event of an IPO.
The TON Foundation also hired a former Visa Crypto executive as VP of payments.
TON token is showing strong gains.