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Is Telegram A Hidden Crypto Player? Digital Asset Holdings Now At $400M

source-logo  coingape.com 31 August 2024 01:46, UTC

Telegram, the messaging app founded by Pavel Durov, has recently been into the spotlight due to its founder’s arrest in France for allegedly failing to control criminal content on the platform. Moreover, the firm’s significant involvement in the crypto market has caught attention. Financial disclosures reveal that the firm’s digital asset holdings are now valued at $400 million, exceeding cash reserves.

coingape.com