Tokenised RWAs are gaining momentum, with the Telegram Bond Fund joining growing initiatives in the institutional space.
Libre and the TON Foundation have launched a $500 million tokenised fund, the Telegram Bond Fund, to bring Telegram’s $2.4 billion in corporate debt onto the blockchain. Available on The Open Network (TON), the fund gives institutional and accredited investors direct access to Telegram’s bonds.
The fund also allows participation in future bond offerings and offers collateral options within the TON ecosystem. The launch is one of the largest institutional moves in the Real-World Asset (RWA) space, which is set to exceed $50 billion this year.
Libre, a regulated real-world asset platform, manages the fund with infrastructure that supports fiat and stablecoin subscriptions. Investors will use TON-native wallets to handle assets. The initiative bridges traditional finance with blockchain technology.
The move reflects growing interest in tokenised RWAs. Major financial players like BlackRock and Circle are tokenising assets such as US Treasuries and real estate. The value locked in RWA protocols has doubled in the past year, highlighting the demand for blockchain integration in traditional finance.
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