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TON Crypto Soars After BlackRock Backs Telegram In $1.5B Bond Sale: What’s Next?

  • TON crypto spiked 40% after Telegram announced the finalization of the $1.5 billion bond sale, backed by BlackRock, Citadel, and Mubadala.
  • The bond sale attracted A-list institutional investors, and the funds will refinance previous debt and support future growth.
  • BlackRock's involvement in the bond sale is a crucial vote of confidence in Telegram and Tonchain, with potential for tokenization to gain traction.
  • The partnership between Telegram and Elon Musk's xAI could bring AI technology to Telegram users, strengthening the platform's financial prospects.

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