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Sources: TONX is the main buyer of TON tokens sold by Telegram for long-term holding and staking
Summary: According to sources, Manuel Stotz, Chairman of TON Treasury company TONX listed on NASDAQ, stated that all TON tokens sold by Telegram have a four-year vesting period. Additionally, the main buyer of the tokens sold by Telegram is their affiliated company TONX, for long-term holding and staking. Earlier, the Financial Times reported that Telegram's revenue ...
According to sources, Manuel Stotz, Chairman of TON Treasury company TONX listed on NASDAQ, stated that all TON tokens sold by Telegram have a four-year vesting period. Additionally, the main buyer of the tokens sold by Telegram is their affiliated company TONX, for long-term holding and staking.
Earlier, the Financial Times reported that Telegram's revenue in the first half of the year reached $8.7 billion, a 65% year-on-year increase, partly attributed to the TON ecosystem; the company has sold over $4.5 billion worth of TON tokens, but Stotz emphasized that Telegram's net TON holdings have not significantly decreased, and may even have increased.
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Link: Sources: TONX is the main buyer of TON tokens sold by Telegram for long-term holding and staking [Copy]