Toncoin Soars Amid Telegram Musk xAI Deal, $1.5 Billion Bond Sale Report

Toncoin open networks On Wednesday, almost 12% increased in the middle of a report that her connected message exchange platform requested a $ 1.5 billion raise and the announcement that the company had reached a $ 300 million contract with XAI Elona Musk.

Native telegram token connected to an open network18. The largest cryptocurrency on market value, traded at $ 3.37, Coingecko data shows. The tone increased to almost $ 3.70, and in one moment in the morning it increased about 90%.

Telegram, wealth, which have appeared in recent months, continued to swing up on Wednesday. The company is preparing to collect $ 1.5 billion in sales of corporate relationships, Wall Street Journal reported On Wednesday, stating a few sources introduced to the company’s plans.

The message exchange platform will issue five-year bonds offering an yield of 9%, which has called interest from the investment company owned by Emirates Mubadal, Blakkrock and manager of Hedge-Funda Citadel, according to the journal.

The Telegram shared with investors that he had earned $ 540 million in earnings of $ 1.4 billion in revenue in 2024, said people who were familiar with the issue – which is the main jump from his bad effect a year before. The application boasted a billion of active users since March 2025, according to the Telegram, and enrollment in its subscription services has been doubling in the last year.

Separately, the Telegram will arrange AI Chatbot Grok on its growing platform under the conditions of a one -year agreement with XAI, founder of Telegram Pavel Durov said Wednesday in a social network post. The Telegram will get half of the XAI sales sales of subscriptions made through a message exchange platform, Durov tweet.

Durov still faces a criminal complaint in France related to the alleged illegal activities held on the Telegram, and leaves the future of the application a little uncertain.

French authorities Arrested Durov in Auguststating that the telegram facilitated terrorism and drug trade, among other vicious activities, on its platform. Even earlier this month, the authorities rejected the appeal of the founder to travel to the United States for “negotiations with investment funds”, Politico reported.

Telegram created a ton in 2018 but distanced from the network Just two years later, while facing regulatory control over his role in the project. However, the message exchange application began flirting with a tone almost two years later, hosting the tone of the wallet and touching the games in its application.

The latest initiative helped Tone gather a wide recognition last year, as a viral game to touch-do-Zarada like Catizen and Hamster kombat‌ Hundreds of millions of players collected on Telegram.

Edited by James Rubin