TON Foundation Transfers $225 Million Worth of TON to Telegram Messenger Address

3000 万 Toncoin (TON) 已在 6 月 26 日从 The Open Network Foundation 的地址转移到流行的通讯应用 Telegram 的地址。

Thirty million TON (TON) were shifted today, June 26, from The Open Network Foundation's address to that of the renowned messaging service Telegram.

As TON Explorer reveals, a massive sum of cryptocurrency, equating to $224.64 million, was transferred in a single batch to address "UQCMOX."

Delving into the on-chain data unveils that the balance of this address amounts to 213.48 million TON, which is equivalent to $1.59 billion. This wallet is notably active, not only receiving but also withdrawing funds.

It belongs to Telegram, the popular messenger with an audience of nearly a billion people, to which the TON blockchain is closely linked. However, earlier mentions of the address might indicate that it belongs to Fragment, a blockchain platform from the Telegram team where users can buy and sell profile and channel IDs, anonymous numbers, and Telegram Premium subscriptions.

The TON Foundation is a non-profit community that aims to further support and develop the blockchain of the same name.

What does this mean?

This transfer can be viewed as a movement of funds from a non-profit organization supporting the blockchain to the address of the messenger where the blockchain carries out its activities. Whether it can be recognized as a donation to Telegram is up for interpretation.

At the time of writing, neither the messenger team nor the TON Foundation has commented on the colossal transfer, which amounts to a quarter of a billion dollars.

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