X @Balaji
Balaji·2025-08-08 19:32
THE TELEGRAM NETWORK STATE?The Telegram TON IPO could be important.Mainly because they get the importance.But first...ok, yes, what got announced it isn’t technically a Telegram offering, nor is TON formally issued by Telegram, nor is it really even an IPO. To be precise, what just launched is a crypto treasury company called VERB that holds $500M+ of TON, which is a coin issued by a foundation that was once formally affiliated with Telegram and then became independent but is now affiliated again.Got all th ...