BlockBeats News, January 7th, Nasdaq-listed TON Treasury Company TONX’s Board Chairman Manuel Stotz stated that all TON sold by Telegram has a four-year vesting period. Additionally, the tokens sold by Telegram were mainly bought by its affiliated TONX company for long-term holding and staking.
The Financial Times previously reported that Telegram’s first-half revenue reached $8.7 billion, a 65% year-on-year increase, partly attributed to the TON ecosystem; the company has sold over $4.5 billion worth of TON, but Stotz emphasized that Telegram’s net TON holdings have not significantly decreased and may have even increased.
