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 resulting from its “huge progress,” Durov stated. It’s onboarding 2.5 million new customers a day and earlier this yr 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 over the past 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.
