The team plans to raise the fund under a public structure. They are building the setup through a SPAC model and PIPE investment. Through this structure, investors gain both transparency and direct access. The company is using the capital raised solely to purchase Toncoin—strengthening reserves and supporting the asset in the long term. This gives institutional investors the chance to implement long-term reserve strategies. 

Following the announcement, Toncoin’s price surged, reaching $3.33 in a short time. This rise indicates the market welcomed the institutional interest positively. 

Toncoin Ecosystem Expands with Institutional Reserve Model 

In March 2025, the TON Foundation completed another major funding round. Back then, Sequoia, Ribbit, Benchmark, Draper, and Kingsway Capital collectively purchased $400 million worth of Toncoin. The foundation used these funds for developer grants, user acquisition, and global marketing efforts. 

The new fund structure represents a more public and regulated version of that model. Investors will gain exposure to the Toncoin ecosystem not only through tokens but also via equity. This structure echoes Tesla’s Bitcoin reserve strategy and sets a new institutional benchmark for Web3-based asset management. 

Telegram integration is accelerating Toncoin’s growth. In the past year, the number of active accounts surged from 4 million to 41 million, while wallets increased to 121 million. The team aims to reach 30% of Telegram’s user base—around 450 million potential users. Through the Mini App infrastructure, each user can access blockchain experiences directly.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates. 

The post TON Sets Up $400M Public Toncoin Reserve Fund appeared first on Coin Engineer.

Telegram’s $1.5 Billion Bond Sale 

Platform is preparing to price its five-year bonds with a 9% yield. The company plans to use the proceeds to repurchase outstanding debt from bonds issued in 2021, which are due to mature this coming March. The Tech Firm has already repurchased around $400 million of those bonds in cash. 

This deal plays a critical role in Telegram’s growth strategy. The company is not only focused on instant messaging services but is also investing in innovative technologies like Web3 and blockchain. This bond sale will provide a robust source of funding for new projects. Moreover, growing fintech trends are increasing investor interest. The bond sale will also serve as significant financial backing for Telegram’s long-term growth ambitions. 

Telegram Shuts Down $27B Haowang Crypto Black Market!

Social media founder Pavel Durov has previously emphasized the importance of maintaining the company’s financial independence. Therefore, this financing move reflects Telegram’s determination to pursue sustainable growth. Durov is currently facing preliminary charges in France for allegedly refusing to cooperate in investigations into illegal activities. Both Durov and the platform deny the allegations. Released on bail, Durov is prohibited from leaving France without permission during the investigation. 

In a video statement during a conference held in Oslo on Tuesday, Durov said: 

“We’ve complied with all legal requests. That’s why we still don’t understand what we did wrong.” 

Additionally, in 2018, Telegram raised $1.7 billion through an ICO for its Open Network (TON) blockchain project. However, the SEC claimed it was an unregistered securities sale. As a result, The Tech Firm refunded $1.2 billion to investors in 2020 and paid an $18.5 million penalty. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Telegram’s Strategic Financing Move with Major Investors appeared first on Coin Engineer.