Feb. 18th, 2018

basis211: (Default)
Telegram has filed a Form D with the U.S. Securities and Exchange Commission in which it claims to have sold $850 million worth of securities. According to the "Use of proceeds" section, the funds will be used for

"...the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes described in the offering materials". The type of security is listed as "Other: Purchase agreements for cryptocurrency".

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