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Pantera Capital: TON is the largest liquid asset on Telegram's balance sheet

Pantera Capital: TON is the largest liquid asset on Telegram's balance sheet

CointimeCointime2024/06/27 12:13
By:Cointime

Cosmo Jiang, the investment portfolio manager of Pantera Capital, stated that cryptocurrency is one of the options for Telegram to raise funds and can provide "maximum potential for control and monetization." Pantera Capital has invested in Telegram. Jiang pointed out that TON is the "largest liquid asset on Telegram's balance sheet," and Telegram can earn staking rewards from transaction fees and protocol issuance. In addition, there are "business agreements" that will earn more TON over time based on certain performance metrics.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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