Libre and the TON Foundation have introduced a $500 million tokenized fund called the Telegram Bond Fund, designed to bring Telegram’s $2. 4 billion corporate debt onto the blockchain. Hosted on The Open Network (TON), this fund provides institutional and accredited investors with direct access to Telegram’s bonds. In addition to current bonds, the fund enables participation in future bond issuances and offers collateral options within the TON ecosystem. Its launch represents one of the largest institutional initiatives in the Real-World Asset (RWA) sector, which is projected to surpass $50 billion this year. Libre, a regulated platform for real-world assets, oversees the fund with infrastructure supporting both fiat and stablecoin subscriptions. Investors will manage their assets using TON-native wallets.

This effort effectively bridges traditional finance and blockchain technology. This development underscores the increasing interest in tokenized RWAs. Leading financial institutions such as BlackRock and Circle are tokenizing assets like US Treasuries and real estate. Over the past year, the value locked in RWA protocols has doubled, reflecting strong demand for integrating blockchain within traditional finance.