Libre and Ton Foundation联合起来，将5亿美元的电报债券带入

这项雄心勃勃的倡议将在TON区块链上部署一个令牌的电报债券基金（TBF），提供机构和认可的投资者，

TL;DR: Libre and TON Foundation have teamed up to tokenize $500 million in Telegram bonds. This will be deployed as the Telegram Bond Fund (TBF) on the TON blockchain, offering institutional and accredited investors compliant, on-chain exposure to a segment of Telegram’s nearly $2.35 billion in outstanding bonds.

TL; DR：Libre and Ton Foundation已将Tekkenize的电报债券合作。这将在TON Blockchain上部署为电报债券基金（TBF），提供机构和认可的投资者，符合链接的链接，链接到Telegram近23.5亿美元的未偿还债券的一部分。

The @Telegram Bond Fund ($TBF) on @TON_Blockchain represents the future of capital market:

@telegram债券基金（$ tbf）@ton_blockchain代表资本市场的未来：

1. Seamless transferability

1。无缝可传递性

2. Ease of use as collateral / reserves

2。易于用作抵押品 /储备金

3. Composable with other onchain protocols

3。与其他OnChain协议合并

4. Flexible for onchain native instrument manufacturing… pic.twitter.com/aVZYO8YpJj

4。灵活的OnChain本机仪器制造... pic.twitter.com/avzyo8ypjj

— Avtar Sehra (@avtarsehra) April 30, 2025

- 降低Sehra（@AvtarseHra）2025年4月30日

The collaboration will see the creation of the Telegram Bond Fund (TBF), a tokenized fund focused on institutional investors. The initiative will be used to tokenize a portion of Telegram’s existing bonds, kicking off what is planned to be a broader capital light initiative to aggregate and tokenize fixed income instruments into the TBF.

该合作将使Telegram Bond基金（TBF）的创建，这是一个专注于机构投资者的标记基金。该倡议将用于将Telegram现有债券的一部分代表，从而启动计划是一项更广泛的资本光计划，将固定收益工具汇总到TBF中。

This capital light strategy will see Libre handle the bulk of the administrative, technical and legal burdens in setting up additional funds on the TON blockchain throughout the year.

这项资本灯策略将使Libre全年为TON区块链建立额外的资金，应对行政，技术和法律负担的大部分。

It is another indication of the growing industry appetite for institutional-grade, transparent crypto investment vehicles.

这是对机构级，透明的加密投资工具增长的兴趣的另一个迹象。

The move will also see the deployment of Libre’s multi-phase Libre Gateway infrastructure on the TON blockchain. The gateway will facilitate seamless subscriptions, bulk redemptions and token transfers, allowing institutions to subscribe using fiat or stablecoins and allowing them to manage their holdings in their own TON-native wallets.

此举还将看到Libre在TON区块链上的多相Libre Gateway基础架构的部署。该门户将有助于无缝订阅，批量赎回和代币转移，使机构可以使用法定或稳定的订阅，并允许他们在自己的吨位本地钱包中管理其持股。

This will be a key aspect of the partnership, as institutions will be able to seamlessly integrate the TBF tokens into their existing treasury management systems.

这将是合作伙伴关系的关键方面，因为机构将能够将TBF代币无缝整合到其现有的财政管理系统中。

The partnership will also see the development of institutional-grade yield products presented in a fully DeFi-native format. Investors will be able to use the TBF tokens as collateral for on-chain borrowing and other yield-bearing strategies, ensuring that these tokens are more than just static investments.

该合作伙伴关系还将看到以完全偏见的形式提出的机构级产物产品的发展。投资者将能够使用TBF代币作为链上借贷和其他承重策略的抵押品，确保这些代币不仅仅是静态投资。

This initiative is designed to be highly scalable and adaptable. The tokenization process is designed to accommodate future bond issuances by Telegram, and the platform will remain relevant as the bond markets evolve.

该计划的设计为高度可扩展性和适应性。令牌化过程旨在通过电报来容纳未来的债券发行，随着债券市场的发展，该平台将保持相关性。

Industry leaders have hailed the partnership as a powerful merger of traditional finance with blockchain technology, promising to deliver both security and composability in financial products.

行业领导者称赞这种合作伙伴关系是与区块链技术的传统金融合并，并有望在金融产品中提供安全性和合成性。