In accordance with Bijing.com, Telegram CEO Pavel Durov is working to position the messaging app as a major gateway to cryptocurrency by integrating the TON blockchain wallet to simplify digital asset transactions. In 2025, Telegram raised $1.7 billion through convertible bonds, attracting major investors like BlackRock. Despite past legal challenges, including a 2024 French travel ban against Durov, Telegram has partnered with Elliptic to shut down illegal crypto platforms Xinbi and Haowang, which processed over $40 billion in transactions.
Telegram CEO Pavel Durov Aims to Integrate TON Blockchain Wallet, Closes $40B Illegal Crypto Platforms
币界网Share
Summary
Telegram CEO Pavel Durov is pushing the messaging app as a key entry point to **blockchain** by integrating the TON wallet to streamline **crypto** transactions. In 2025, the platform secured $1.7 billion via convertible bonds, with backing from BlackRock. Despite a 2024 French travel ban on Durov, Telegram has partnered with Elliptic to shut down illegal **crypto** platforms Xinbi and Haowang, which processed over $40 billion in trades.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.