📈 Telegram bonds are trading at all-time highs (adjusted for the federal funds rate).
We issued bonds four years ago — at a time when Telegram had zero revenue and half the user base we have today.

💸Now, with over 1 billion monthly active users and substantial profit, it's no surprise our bonds are performing well.

🏦 What makes the difference is our bondholders: some of the world’s most reputable global funds. Their continued support helps Telegram stay independent and grow stronger in any economic environment 💪

📈 Good month for The Open Network: the biggest names in venture capital invested over $400M into TON and publicly backed it. Among them are the legends of Silicon Valley: Sequoia, Benchmark, Ribbit, Draper, VY, and other world-famous funds 💸

🪙 Over the past year, TON has become the backbone of creator economy on Telegram. It is the exclusive withdrawal method for millions of content creators and mini app developers and the only way to pay for Telegram Ads in most countries. Every Telegram-related asset — from usernames to digital gifts — is tradeable solely as a TON-based NFT, and Telegram Mini Apps use TON exclusively as their blockchain. Telegram’s in-app economy is exploding in volume, fueled by constant innovation — like the Star Messages we launched earlier this month, an overnight success rivaled only by the tokenized gifts introduced in January 🎁

⛏️ What’s more, The Open Network remains the only blockchain technology built to scale — with sharding and the capacity to process transactions for billions of users. It’s one of the few blockchain networks with real, fundamental value. I’m not surprised the smartest people on the planet are endorsing TON 🚀

📰 As you may have heard, I’ve returned to Dubai after spending several months in France due to an investigation related to the activity of criminals on Telegram. The process is ongoing, but it feels great to be home 🇦🇪

🙏 I want to thank the investigative judges for letting this happen, as well as my lawyers and team for their relentless efforts in demonstrating that, when it comes to moderation, cooperation, and fighting crime, for years Telegram not only met but exceeded its legal obligations 💼

🤲 I’m also deeply grateful for the millions of people around the world who have shown their support throughout this unexpected journey — it has meant a lot. There is nothing our billion-strong community can't overcome 🚀