The app’s founder, Pavel Durov, confirmed this news.
March 24, 2021
2 minutes of reading
Co-founder Pavel Durov announced that the messaging application is encrypted, also known as Telegram, has managed to raise more than a billion dollars in bonuses to help the app grow.
He even said that the bonds were sold to “some of the most important and capable investors in the world.” In this way, the application wants to continue to maintain its values and independence.
Image: Gayane Manukyan / Wikimedia Commons
In December, the company announced one “money-making strategy” failed to launch a payment service in 2021 with the same purpose: to finance growth. Fundraising hasn’t worked as well as a crypto project.
Today I outlined Telegram’s monetization strategy. It will allow us to remain independent and honest with our values for decades to come – https://t.co/58h4PXxman
– Pavel Durov (@durov) December 23, 2020
“As I said when I launched Telegran nearly eight years ago, the ultimate goal is to become a financially sustainable project that can serve humanity for decades to come. Today’s news is a step further towards that goal, ”said the Russian businessman.