Libre Capital, a company focused on real-world asset (RWA) tokenization, has announced plans to tokenize $500 million worth of Telegram bonds as part of the launch of the Telegram Bond Fund (TBF) on the TON blockchain, according to a report from CoinDesk.
Libre CEO Avtar Sehra stated that the fund will issue on-chain shares on TON, giving holders access to the underlying yield of 9.4% annually — making it an attractive instrument for crypto investors seeking stable returns.
“We’re building an infrastructure where traditional bonds can become liquid digital assets,” said Sehra. “This simplifies their use as collateral, streamlines transfers, and enables the creation of next-gen financial services powered by these instruments.”
Libre already has experience tokenizing over $200 million worth of assets for leading investment firms, including BlackRock, Brevan Howard, Hamilton Lane, and Laser Digital, a digital asset division of Nomura.
According to Sehra, tokenized bonds offer several key advantages:
- frictionless transfer between users;
- ease of use as collateral or reserves;
- compatibility with various on-chain protocols;
- flexibility for building custom financial tools within blockchain networks.
The RWA sector continues to expand: according to CoinGecko, it grew by 12.7% in the first quarter of 2025, highlighting the increasing convergence of traditional finance and Web3.
