Telegram Raise $1BN+, Including $150M From Mubadala And Abu Dhabi CP Via Pre-ICO Convertible Bonds

Telegram has now announced it's pulled in over $1 billion in debt financing by selling bonds.

Founder Pavel Durov put out an update via his official Telegram channel after a press announcement had revealed the company had taken in $150M from Mubadala and Abu Dhabi Catalyst Partners by selling 5-year pre-IPO convertible bonds.

He also committed not to sell Telegram, reiterating then that he wants it to remain independent. Monetization would be non-intrusive, he further pledged then, saying any future move to monetize large one-to-many channels through ads would see benefits flow back to the community — such as in the form of "free traffic in proportion to their size" — while future content sales (like premium stickers) would also entail contributing artists getting "a part of the profit."

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