🪙 Telegram to issue $1.5B in convertible bonds
According to WSJ, Telegram aims to raise funds to repay 2021 liabilities by offering five-year 9% bonds, convertible into equity during an IPO.
Notable investors include BlackRock, Mubadala, and Citadel.
Additionally, TON Foundation has hired a former Visa Crypto executive to lead payment initiatives.
The TON token is rallying in response.
