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 will not 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 energetic customers. “I personally purchased a couple of quarter of the brand new Telegram bonds, investing tens of thousands and thousands into Telegram’s progress. This comes along with the a whole bunch of thousands and 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 fanatics. That is partly attributable to the corporate’s defunct efforts to launch its personal crypto token, GRAM.
