PANews April 30, reported by CoinDesk, the asset tokenization firm Libre announced a collaboration with Brevan Howard, Hamilton Lane, and Nomura's digital asset division Laser Digital to launch a $500 million Telegram Bond Fund (TBF) on the TON blockchain. This fund will be available to qualified investors, with underlying assets being $2.4 billion in outstanding bonds issued by Telegram. Libre CEO Avtar Sehra stated that fund shares will be tokenized on the TON network, allowing investors to obtain bond yields and use them as collateral for on-chain lending. Previously, Libre has completed over $200 million in asset tokenization, with partners including BlackRock and other institutions. The TON network was originally developed by Telegram and is now focused on bringing its 950 million users into the blockchain ecosystem.
Libre to Launch $500 Million Telegram Bond Fund on TON Blockchain
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