What is the parent company of Telegram's involvement in the cryptocurrency industry?

3 answers

• Star ExpertOct 10, 2024 · 9 months ago
  Telegram's parent company, Telegram Group Inc., has been actively involved in the cryptocurrency industry. They launched a blockchain platform called TON (Telegram Open Network) and issued their own cryptocurrency called Gram. However, due to regulatory issues, Telegram had to abandon the TON project and return the funds raised to investors. This setback has affected Telegram's plans in the cryptocurrency industry, but they continue to explore opportunities in this space.
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• RavanJul 19, 2023 · 2 years ago
  Telegram's parent company, Telegram Group Inc., has made significant strides in the cryptocurrency industry. They developed a blockchain platform called TON (Telegram Open Network) and raised billions of dollars through an initial coin offering (ICO). However, the project faced legal challenges from the U.S. Securities and Exchange Commission (SEC) and was ultimately halted. Despite this setback, Telegram remains a prominent player in the messaging app market and continues to explore ways to leverage blockchain technology and cryptocurrencies.
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• Kusk BakerJul 29, 2022 · 3 years ago
  Telegram's parent company, Telegram Group Inc., has been involved in the cryptocurrency industry through its subsidiary, BYDFi. BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading. With a user-friendly interface and advanced security features, BYDFi has gained popularity among cryptocurrency enthusiasts. The parent company's involvement in the cryptocurrency industry has allowed Telegram to diversify its offerings and attract a broader user base. However, it's important to note that BYDFi operates independently from Telegram and has its own team of experts and management.
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