Home Telegram raises USD 850 mln in initial coin sale to private investors
 

Keywords :   


Telegram raises USD 850 mln in initial coin sale to private investors

2018-02-19 08:58:00| Telecompaper Headlines

(Telecompaper) The encrypted messenger Telegram has raised USD 850 million in a sale of its own coin to private investors. According to a SEC filing, the money will be used to develop its own blockchain architecture for payments, develop and maintain the Telegram Messenger and for other corporate purposes.

Tags: private sale initial usd

Category:Telecommunications

Latest from this category

All news

»
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05M&S website and app hit by technical issue
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05Producers to be paid grid premiums for AngusLink beef scores
18.05This Week in Agribusiness, May 18, 2024
18.05This Week in Agribusiness, May 18, 2024
More »