CONTENT
In response to a Financial Times report claiming that Telegram sold nearly 10% of the circulating $TON supply in 2025, Manuel Stotz , Executive Chairman of TON Strategy Company, clarified that:
All $TON sold by Telegram are subject to a four-year vesting schedule;
The largest buyer has been TON Strategy Company, which aims to accumulate, hold, and stake TON rather than create future selling pressure;
Between 2024 and 2025, Telegram’s net TON holdings did not decline materially and may have even increased in terms of token quantity.
Stotz also confirmed that the report was correct in stating that Pavel Durov will prioritize strengthening the TON ecosystem and further integrate crypto into Telegram in 2026.
WRITER’S INTRO
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