{"id":23532,"date":"2025-04-30T12:05:09","date_gmt":"2025-04-30T09:05:09","guid":{"rendered":"https:\/\/forklog.com\/en\/libre-to-tokenize-telegrams-500-million-debt\/"},"modified":"2025-04-30T12:05:09","modified_gmt":"2025-04-30T09:05:09","slug":"libre-to-tokenize-telegrams-500-million-debt","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/libre-to-tokenize-telegrams-500-million-debt\/","title":{"rendered":"Libre to Tokenize Telegram&#8217;s $500 Million Debt"},"content":{"rendered":"<p>RWA company Libre Capital intends to tokenize Telegram&#8217;s bonds worth $500 million to launch the Telegram Bond Fund (TBF) on the TON blockchain, as reported by CoinDesk.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/telegram?ref_src=twsrc%5Etfw\">@Telegram<\/a> Bond Fund ($TBF) on <a href=\"https:\/\/twitter.com\/ton_blockchain?ref_src=twsrc%5Etfw\">@TON_Blockchain<\/a> represents the future of capital market:<\/p>\n<p>1. Seamless transferability<br \/>2. Ease of use as collateral \/ reserves<br \/>3. Composable with other onchain protocols<br \/>4. Flexible for onchain native instrument manufacturing\u2026 <a href=\"https:\/\/t.co\/aVZYO8YpJj\">pic.twitter.com\/aVZYO8YpJj<\/a><\/p>\n<p>\u2014 Avtar Sehra (@avtarsehra) <a href=\"https:\/\/twitter.com\/avtarsehra\/status\/1917481670921384073?ref_src=twsrc%5Etfw\">April 30, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the firm&#8217;s CEO, Avtar Sehra, on-chain shares of the fund on TON will provide holders access to the yield of the underlying asset (<a href=\"https:\/\/www.investing.com\/analysis\/why-investors-are-eyeing-telegrams-bonds-200657475\">9.4% per annum<\/a>).<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis opens up opportunities to use bonds as collateral, simplifies transfers, and more, ultimately creating value through these financial instruments,\u201d he noted.<\/p>\n<\/blockquote>\n<p>Libre has already tokenized assets worth over $200 million in funds of several leading investment firms, including BlackRock, Brevan Howard, Hamilton Lane, and Nomura (Laser Digital&#8217;s digital assets division).<\/p>\n<p>Sehra believes such products offer advantages like:<\/p>\n<ul class=\"wp-block-list\">\n<li>seamless transferability;<\/li>\n<li>ease of use as collateral or reserves;<\/li>\n<li>compatibility with various on-chain protocols;<\/li>\n<li>flexibility for creating native instruments on the network.<\/li>\n<\/ul>\n<p>As reported by CoinGecko, the RWA segment <a href=\"https:\/\/forklog.com\/en\/news\/coingecko-identifies-key-cryptocurrency-market-narratives-for-q1-2025\">grew<\/a> by 12.7% in the first quarter of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RWA company Libre Capital intends to tokenize Telegram&#8217;s bonds worth $500 million to launch the Telegram Bond Fund (TBF) on the TON blockchain, as reported by CoinDesk. The @Telegram Bond Fund ($TBF) on @TON_Blockchain represents the future of capital market: 1. Seamless transferability2. Ease of use as collateral \/ reserves3. Composable with other onchain protocols4. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1285,1308,723,1364],"class_list":["post-23532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-funds","tag-rwa","tag-telegram","tag-the-open-network"],"aioseo_notices":[],"amp_enabled":true,"views":"40","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23532"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23531"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}