🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Telegram issuance of $1.7 billion convertible bonds, part of which is used for debt replacement.
PANews reported on May 29 that, according to Bloomberg, Telegram successfully issued $1.7 billion in five-year convertible bonds to replace $955 million of old debt due in 2026 and raised $745 million in new financing. The bond has a coupon of 9%, which is 200 basis points higher than the initial bond in 2021. If Telegram is listed, investors can redeem it at 80% of the IPO price. Telegram currently has more than 1 billion users, revenue exceeding $1 billion in 2024, and cash reserves of more than $500 million (excluding crypto assets).