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Insider: The main buyer of Telegram's TON is TONX, used for long-term holding and staking
On January 7th, Nasdaq-listed TON Treasury Company TONX Chairman Manuel Stotz issued a statement saying that all TON sold by Telegram have a four-year vesting period. In addition, the main buyers of tokens sold by Telegram are its leading company TONX, used for long-term holding and staking. The Financial Times previously reported that Telegram’s revenue in the first half of the year reached $870 million, a 65% year-over-year increase, partly attributed to the TON ecosystem; the company has sold over $450 million worth of TON, but Stotz emphasized that Telegram’s net TON holdings have not significantly decreased and may even have increased.