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Telegram Files With SEC to Offer Securities for Blockchain Project

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Sat, 17/02/2018 - 18:02
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Telegram Files With SEC to Offer Securities for Blockchain Project
Cover image via U.Today
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Telegram’s founders, the Durov brothers, have filed the necessary papers with the SEC to offer securities for “the development of the TON Blockchain, the development and maintenance of Telegram Messenger.” According to the documents, the brothers have already raised over $800 mln from more than 80 investors. The SEC filing paves the way for accredited US investors (those with over $1 mln in assets) to purchase the securities.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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