ICO Telegram has managed to attract $ 850 million
The creators of Telegram Pavel and Nikolai Durov filed a “Notice of Exempt Offering of Securities” in the Commission on securities and stock exchanges of the USA (SEC) which said they managed to raise 850 million US dollars from 81 investor for the “development and support of blockchain TON for Telegram messenger”.
Securities specified in the notice to the SEC, describes how acquired in the framework of the “Agreement to purchase cryptocurrency”. Among investors from the United States were only accredited investors, i.e. those who have invested more than 1 million or have an annual income exceeding 200,000 dollars. This is necessary in order not to register tokens as securities in the SEC.
On January 29 this year the first sale within the ICO took place. By submitting an application to the SEC, the film obviously wants US citizens was legal the opportunity to invest in this project, and it is very likely that among these 81 investors already are citizens of the United States.
Despite the fact that the SEC application does not list any of the investors, the Russian edition of Vedomosti published the names of some of them, citing domestic sources.
In the list of “Vedomosti” are present, the Russian billionaire Roman Abramovich, who according to” Vedomosti ” invested in the project to 300 million dollars, although other sources claim that the amount is 20 million dollars. Sergey Solonin, CEO of the Russian payment service provider QIWI, also invested $ 17 million, and David Yakobashvili, co-founder of the Russian dairy company Wimm-Bill-Dann, invested $ 10 million.
According to rumors, ICO Telegram has been in the process of development since December 2017, and in mid-January whitepaper TON got into the press, but the authenticity of this document has not been confirmed.
In a statement to the SEC Durov calls two of the Issuer’s securities: TON Emirates Inc. and Telegram Group Inc., registered in the British virgin Islands. In the section” Connected persons ” Pavel Durov is registered as the Executive Director and the Director, and his brother Nikolay is simply included in the list of Executive Directors.
A source familiar with the financing process TON, told “Vedomosti” that the process was not similar to a normal ICO, when the tokens are purchased for the project of cryptocurrency, usually (BTC) or Ethereum (ETH). The process was more like “a private placement of securities with the use of Fiat money”.
According to the same source, and in accordance with the filed application, investors acquired rights to the internal cryptocurrency TON, called “Grams”, which will be distributed among them after the launch of the platform.