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Messaging platform Telegram issued $270 million in bonds this week to fund its progress till “we attain the break-even level,” CEO Pavel Durov introduced Tuesday. The platform shouldn’t be but worthwhile and has rising bills because of its “large progress,” Durov stated. It’s onboarding 2.5 million new customers a day and earlier this 12 months hit 800 million month-to-month lively customers. “I personally purchased a few quarter of the brand new Telegram bonds, investing tens of hundreds of thousands into Telegram’s progress. This comes along with the tons of of hundreds of thousands I spent during the last 10 years to maintain Telegram operational,” Durov stated. The choice messaging platform has lengthy been a favourite amongst crypto fans. That is partly attributable to the corporate’s defunct efforts to launch its personal crypto token, GRAM.
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