Telegram raised $210 million through bond issuance, with investments from founder Pavel Durov and others
ChainCatcher news, according to TechCrunch, Telegram has raised $210 million through the issuance of bonds, purchased by the founder and a number of well-known funds, although the specific names of the funds have not been disclosed. Among them, founder and CEO Pavel Durov stated that he purchased about a quarter of the bonds. Currently, Telegram is not yet profitable, and the new funding aims to bring it closer to breaking even, having spent hundreds of millions of dollars over the past 10 years to keep the app running.Currently, Telegram has over 800 million users each month, having gained more than 300 million users in the past two and a half years, attracting 2.5 million new registered users daily.