Libre to Tokenize $500M in Telegram Bonds on TON via New Fund
The post Libre to Tokenize $500M in Telegram Bonds on TON via New Fund appeared on BitcoinEthereumNews.com. Tokenization firm Libre has announced plans to tokenize $500 million worth of Telegram-issued bonds on The Open Network (TON), in a move aimed at integrating traditional fixed-income securities with decentralized finance (DeFi) infrastructure. Expanding DeFi Access to Corporate Bonds The initiative, dubbed the Telegram Bond Fund (TBF), will mark the first time institutional investors can access Telegram’s corporate debt valued at approximately $2.4 billion through a decentralized blockchain platform. The fund’s tokenized units will exist on TON’s blockchain, allowing holders to tap into TON’s growing DeFi ecosystem. According to Libre, investors will be able to leverage these tokenized assets as collateral, participate in lending and borrowing protocols, and access yield-generating opportunities. Libre CEO Avtar Sehra described the initiative as a hybrid of conventional and digital financial services, saying, “What we’ve created is like a fixed income fund that acquires the bonds and then we tokenize the fund. When you purchase units in the fund these are on the TON chain, giving you access to the returns of the underlying bonds themselves. This opens up opportunities to use the bonds for collateral, ease of transfers, etc, to ultimately create utility with these financial instruments.” Targeting RWA Growth on TON The tokenized RWA market has expanded rapidly, with on-chain real-world assets now valued at over $18.9 billion, up from $10 billion a year earlier, according to RWA.xyz and The Block. While corporate bonds have represented a relatively small segment of this market, Libre and the TON Foundation intend to address this gap by bringing regulated, yield-bearing assets to TON’s blockchain. The network, closely affiliated with messaging platform Telegram’s 1 billion-plus active user base, offers a strategic entry point for integrating traditional financial products within a Web3 environment. Libre’s collaboration with TON Foundation marks a continuation of its work with prominent financial institutions.…
The post Libre to Tokenize $500M in Telegram Bonds on TON via New Fund appeared on BitcoinEthereumNews.com.
Tokenization firm Libre has announced plans to tokenize $500 million worth of Telegram-issued bonds on The Open Network (TON), in a move aimed at integrating traditional fixed-income securities with decentralized finance (DeFi) infrastructure. Expanding DeFi Access to Corporate Bonds The initiative, dubbed the Telegram Bond Fund (TBF), will mark the first time institutional investors can access Telegram’s corporate debt valued at approximately $2.4 billion through a decentralized blockchain platform. The fund’s tokenized units will exist on TON’s blockchain, allowing holders to tap into TON’s growing DeFi ecosystem. According to Libre, investors will be able to leverage these tokenized assets as collateral, participate in lending and borrowing protocols, and access yield-generating opportunities. Libre CEO Avtar Sehra described the initiative as a hybrid of conventional and digital financial services, saying, “What we’ve created is like a fixed income fund that acquires the bonds and then we tokenize the fund. When you purchase units in the fund these are on the TON chain, giving you access to the returns of the underlying bonds themselves. This opens up opportunities to use the bonds for collateral, ease of transfers, etc, to ultimately create utility with these financial instruments.” Targeting RWA Growth on TON The tokenized RWA market has expanded rapidly, with on-chain real-world assets now valued at over $18.9 billion, up from $10 billion a year earlier, according to RWA.xyz and The Block. While corporate bonds have represented a relatively small segment of this market, Libre and the TON Foundation intend to address this gap by bringing regulated, yield-bearing assets to TON’s blockchain. The network, closely affiliated with messaging platform Telegram’s 1 billion-plus active user base, offers a strategic entry point for integrating traditional financial products within a Web3 environment. Libre’s collaboration with TON Foundation marks a continuation of its work with prominent financial institutions.…
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