TON rallies 16% as Telegram taps Visa exec, xAI deal, and $1.5B raise bolster momentum
Key points:
Toncoin jumped over 16% after Telegram partnered with xAI and added ex-Visa crypto lead Nikola Plecas to the TON Foundation.
Telegram is also raising $1.5B via bond sales backed by BlackRock, Citadel, and Mubadala to repurchase previous debt.