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Telegram launches second round of ICO

Telegram conducts a second closed preliminary sale of its crypto currency before conducting a public ICO (initial placement of crypto-active assets to attract investments). This was reported by the portal The Verge.

According to The Verge, this week representatives of Telegram sent a number of investors a message notifying about the beginning of another secret pre-sale. What amount is expected to help out Telegram this time is unknown.

According to The Verge, the company hopes to attract about the same amount as in the first pre-sale – about $ 850 million. Thus, the total revenue may exceed $ 1.6 billion even before the ICO.

According to available data, the public offering is scheduled for March of this year.

Following the results of the first pre-sale, which was conducted in recent months, Telegram attracted $ 850 million from more than 80 investors. The company plans to allocate money from the placement to the development of the new Telegram Open Network (TON) platform with its own crypto currency.

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