Digital Finance

TELEGRAM ICO SKYROCKETING

World's largest ICO

According to a document filed with the US Securities and Exchange Commission (SEC) , the Telegram ICO has raised $850 million since Jan. 29, when the token sale officially began.

The filing reports that only 81 investors contributed to the funding round, pegging the average individual investment at just below $10.5 million.

Telegram has not been publicly forthcoming with its goals for the token sale, but the firm had reportedly targeted $600 million during the presale — a figure it bested by 42 percent — and intends to raise more than 1.2 billion dollars  by the ICO’s conclusion.

 

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