RWA tokenization company Libre plans to launch a $500 million Telegram bond fund ($TBF)

Golden Finance reports that RWA tokenization company Libre will tokenize $500 million of Telegram debt in the form of a blockchain-based Telegram Bond Fund ($TBF) on the TON network. Avtar Sehra, the CEO of Libre, stated in an interview: “The fixed income fund that we created first acquires bonds and then tokenizes them. When you purchase shares of the fund, these shares are recorded on the TON blockchain, allowing you to benefit from the underlying bonds. This creates opportunities for using bonds as collateral, simplifying transfers, and ultimately enables these financial instruments to create utility.”