The value of the digital assets held by the communication platform Telegram has risen from $400 million at the end of 2023 to $1.3 billion in the first half of 2024. Telegram previously disclosed that it held about $400 million in digital assets. However, new information indicates that the company's cryptocurrency holdings have exceeded $1 billion. According to the report, the instant messaging platform generated $525 million in revenue from January to June. This represented a 190% rise compared to the same period in 2023. The report emphasizes that the company earned $353 million in the first half of 2024 by selling cryptocurrency. The report indicates that approximately $225 million came from transactions with an undisclosed entity. It has been reported that Telegram received compensation for allowing TON Token to be the exclusive way for businesses to purchase advertisements on the messaging app.

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