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

The chairman of the board of TONX, a company listed on NASDAQ, Manuel Stotz, stated that all TON sold by Telegram has a four-year vesting period. In addition, the main buyer of the tokens sold by Telegram is his company, TONX, which is intended for long-term holding and staking.

The Financial Times previously reported that Telegram's revenue in the first half of the year reached $870 million, a 65% year-on-year increase, partly due to the TON ecosystem; the company has sold over $450 million in TON, but Stotz emphasized that Telegram's net TON holdings have not significantly decreased and may even have increased.