### **💡 Telegram's TON Launches $500 Million Tokenized Bond Fund**
#### **🔗 TON x Libre Collaboration**
- **TON (The Open Network)** collaborates with the tokenization platform **Libre** to launch the **Telegram Bond Fund (TBF)** worth **$500 million**.
- **This fund is backed by Telegram debt** ($2.35 billion outstanding bonds).
- **Target investors**: Institutions & accredited investors seeking traditional yield products with on-chain access.
#### **🚀 Benefits of Bond Tokenization**
✅ **On-chain collateral**: TBF tokens can be used as collateral in DeFi.
✅ **Higher liquidity**: Fast transfers between wallets without traditional processes.
✅ **Programmable yield**: Bond interest can be automated via smart contracts.
- Libre has experience in tokenizing $200 million in assets (including funds from BlackRock & Nomura).
#### **📈 RWA (Real-World Assets) Trends in Crypto**
- **Value of tokenized RWA reaches $3.1 billion (Q1-2025)** – successful example: Franklin Templeton’s U.S. Treasury Fund ($380 million).
- **TON can benefit**:
- Enhance blockchain utility for traditional finance.
- Encourage developers to build DeFi/RWA applications in the TON ecosystem.
### **💬 Keywords**
*"This is not just a digital bond, but a dynamic financial instrument connected to the blockchain."* — **Avtar Sehra, CEO of Libre**.
