Telegram Is Looking To Raise More Than $1.2 Billion In A Blockbuster Ico

Flickr/TechCrunch Telegram, the messaging app, is developing a blockchain platform to rival bitcoin and ethereum. It is looking to raise at least $1.2 billion to develop its so-called TON platform and cryptocurrency called Grams. It would be the largest token sale ever. Private messaging app Telegram is planning to gatecrash the cryptocurrency world with a blockbuster ten-figure initial coin offering. The company, which reaches more than 170 million monthly users, is looking to raise at least $1.2 billion from a token sale which would include a private sale set for February 2018 and public sale in March, according to documents seen by Business Insider. Telegram expects to raise $600 million in both sales.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News