common-close-0
BYDFi
Trade wherever you are!

What is the parent company of Telegram's involvement in the cryptocurrency industry?

avatar204121齊藤 幸哉Dec 25, 2021 · 3 years ago3 answers

Can you provide more details about the parent company of Telegram and its role in the cryptocurrency industry? How does this involvement impact Telegram's operations and the cryptocurrency market as a whole?

What is the parent company of Telegram's involvement in the cryptocurrency industry?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Telegram's parent company, Telegram Group Inc., has been actively involved in the cryptocurrency industry. They launched a blockchain platform called TON (Telegram Open Network) and issued their own cryptocurrency called Gram. However, due to regulatory issues, Telegram had to abandon the TON project and return the funds raised to investors. This setback has affected Telegram's plans in the cryptocurrency industry, but they continue to explore opportunities in this space.
  • avatarDec 25, 2021 · 3 years ago
    Telegram's parent company, Telegram Group Inc., has made significant strides in the cryptocurrency industry. They developed a blockchain platform called TON (Telegram Open Network) and raised billions of dollars through an initial coin offering (ICO). However, the project faced legal challenges from the U.S. Securities and Exchange Commission (SEC) and was ultimately halted. Despite this setback, Telegram remains a prominent player in the messaging app market and continues to explore ways to leverage blockchain technology and cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    Telegram's parent company, Telegram Group Inc., has been involved in the cryptocurrency industry through its subsidiary, BYDFi. BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading. With a user-friendly interface and advanced security features, BYDFi has gained popularity among cryptocurrency enthusiasts. The parent company's involvement in the cryptocurrency industry has allowed Telegram to diversify its offerings and attract a broader user base. However, it's important to note that BYDFi operates independently from Telegram and has its own team of experts and management.