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

Odaily News RWA tokenization company Libre will tokenize $500 million of Telegram debt in the form of the blockchain-based Telegram Bond Fund ($TBF) on the TON network. Libre CEO Avtar Sehra said in an interview: "We have created a similar fixed-income fund that first acquires bonds and then tokenizes them. When you buy fund shares, these shares are recorded on the TON chain, allowing you to receive the income of the underlying bonds. This creates opportunities to use bonds as collateral, simplify transfers, etc., ultimately enabling these financial instruments to create utility." (CoinDesk)