TON Foundation Partners with Libre to Launch $500M Telegram Bond Fund

The Open Network (TON) Foundation has announced a significant partnership with Libre, a decentralized infrastructure firm specializing in real-world assets (RWAs), to launch a $500 million tokenized bond fund tied to Telegram. This initiative, known as the Telegram Bond Fund (TBF), aims to provide blockchain-based access to institutional-grade yield opportunities.

The TBF represents TON’s official entry into the growing RWA sector, aligning it with other prominent networks that support real-world asset tokenization. The fund brings a portion of Telegram’s $2.35 billion outstanding bonds onto the TON blockchain, enabling institutional and accredited investors to engage with traditional financial products through a decentralized format. This move supports Telegram’s current and future bond offerings, offering compliant on-chain exposure through a trusted RWA platform.

Libre’s infrastructure allows investors to use the tokenized bonds as collateral within the DeFi ecosystem. It also enables developers on TON to build new yield-bearing products backed by these assets. Max Crown, CEO of TON Foundation, highlighted the significance of this partnership, stating that Libre’s infrastructure bridges the gap between compliance and decentralization, unlocking powerful new opportunities for TON’s community to engage with RWAs in a secure and accessible way.

In addition to the TBF, Libre plans to roll out a multi-phase Gateway system on TON. This infrastructure will manage subscriptions, redemptions, and the transfer of tokenized funds while staying within regulatory bounds. Investors can subscribe using fiat or stablecoins and manage their portfolios directly through TON-native wallets. Jez Mohideen, Chairman of Libre, explained that TON offers a unique opportunity to bridge TradFi and DeFi, expanding the reach of regulated RWAs to a global and digitally native user base. He added that this collaboration brings together omni-chain institutional-grade infrastructure and mass-market blockchain usability, with sought-after TradFi assets that have a strong crypto alignment.

Libre has already tokenized over $200 million in assets and offers several live products from major issuers. This collaboration underscores the growing trend of integrating real-world assets with blockchain technology, providing new avenues for investment and financial innovation. The partnership between TON Foundation and Libre is a strategic move that leverages the strengths of both entities to create a robust and compliant RWA ecosystem on the TON blockchain.