Telegram aims to raise 1.5 billion USD in a bond sale, which is backed by significant investors including Citadel and BlackRock. The funds will primarily be used to buy back existing debt as part of their financial strategy.
CEO Pavel Durov is currently handling legal issues in France, yet Telegram reported a profit of 540 million USD in 2024, reversing a previous loss, signaling robust growth fueled by the Ton blockchain.
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