Insider: The main buyer of TON sold by Telegram is TONX, for long-term holding and staking.

BlockBeats News, January 7th, Manuel Stotz, Chairman of the Board of Directors of the Nasdaq-listed TON Treasury Company TONX, stated that all TON sold by Telegram has a four-year vesting period. Additionally, the main buyers of the tokens sold by Telegram are the TONX company led by Telegram, intended for long-term holding and staking.

The Financial Times previously reported that Telegram's first-half revenue reached $8.7 billion, a 65% year-on-year growth, partially attributed to the TON ecosystem. The company has sold over $4.5 billion worth of TON, but Stotz emphasized that Telegram's net TON holdings have not significantly decreased and may have even increased.