Telegram's TON Token Sales and Financial Growth Highlighted by TONX Chairman

According to BlockBeats, Manuel Stotz, Chairman of the Board at TON Treasury Company TONX, which is listed on Nasdaq, stated that all TON tokens sold by Telegram have a four-year vesting period. The primary purchaser of these tokens is TONX, led by Stotz, 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, marking a 65% increase, partly attributed to the TON ecosystem. The company has sold over $450 million worth of TON tokens. However, Stotz emphasized that Telegram's net holdings of TON have not significantly decreased and may have even increased.