Former Circle Exec Joins Royal Bank Of Scotland To Front Fintech Project

6m
cryptodaily

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

25m
cryptonewmedia

Italy will Use Blockchain and Fintech for Interbank Checks

29m
coinidol

PoPermissionless Blockchain Network Algorand Raises $60M in Token Auction

31m
cryptonewmedia

‘We Don’t Deal in the Speculative’

33m
cryptonewmedia

Russian Hackers May Be Responsible for Coincheck Heist

34m
cryptonewmedia

Crypto Market Showing Positive Signs: Bitcoin Cash, EOS, TRX, ADA Analysis

35m
cryptonewmedia

Tyler Winklevoss: “If Bitcoin Breaks 10k, You Can Bet It’s Going To Break 15k”

36m
cryptodaily

QuadrigaCX Update: ‘Dead’ CEO Cotten Embezzled Funds For...

41m
bitcoinist

IBM Launches Upgrade of their Blockchain Platform

1h
coinidol

Japanese Agency Claims 170% Increase in Crypto-related Inquiries in 2018

1h
bitcoinnews

Why Should I Buy Stablecoins?

1h
cryptodaily

Bitcoin in the Chop But Steady Amid Libra Chaos: Long Term Price Analysis

1h
cryptoglobe

Beaxy Launches Crypto Trading Platform By Diana Ngo - June 11, 2019 0 121

2h
coinjournal

Senate Banking Hearing on Facebook’s Libra; 0.25% of Algorand Tokens Sell for $60 Million

2h
cryptoglobe

Bitcoin Price Storms 151% YTD as Facebook’s Libra Boosts 2019 Rally

2h
cryptonewmedia

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest…

2h
cryptonewmedia

Bitcoin Unfazed by Facebook, Why Further Gains Are Likely

2h
cryptonewmedia

Traditional finance is failing millennials. Here’s how investing needs to change

2h
weforum

MIT’s ‘Fiat Cryptography’ System Automates the Process of Securing Almost Anything

2h
coindesk

Debt-Plagued Millennial Parents Are Starting To Save For College Earlier

2h
bitcoinwarrior

EOS Price Analysis: Bulls Protecting Key Support, More Gains Likely

2h
livebitcoinnews

Bitcoin (BTC) Bulls Are Still In Control

3h
cryptodaily

HyperCash’s (HC) 15.2% Gain Pushes CD Mid-Cap Index Higher

3h
cryptodaily

Big Four Australian Bank Fears Facebook’s Crypto Libra

3h
cryptonewmedia


Telegram’s New Cryptocurrency To Be Open For Retail Investment

Telegram is a very quickly growing social platform. One that will now, for the first time, make its Gram token available to retail investors through the Liquid exchange. This is a limited listing that will only be available from July 10th according to the exchange and that a full public sale is planned for October.

Public Accessibility

Gram is the native currency for the Telegram social media app which will now be available o retail investors. While the token has previously been sold through Telegram’s two-part ICO in 2018, which brought in just under $2 billion, this is the first time the general public will be able to buy Gram.

As reported by CryptoSlate:

“Gram will go on sale through a listing on cryptocurrency exchange Liquid on July 10. The arrangement is a limited offering, the report said, which will precede a full public sale scheduled for October.”

Even though Liquid exchange has struck a specific deal with Telegram, the exchange will instead list an unspecified number of tokens currently held by a South Korean-based organisation, Gram Asia who hold a significant amount of the tokens.

Telegram hasn’t said much on the issue but the CEO of Liquid, Mike Kayamori spoke to TechCrunch and said that this wasn’t unusual for Telegram to be going under the radar.

In addition, he added that the planned Gram listing is “very much part of the plan for TON,” the Telegram Open Network.

Telegram seems to have been working on this for a while now, Kayamori said that a public sale was always planned for the window between the testnet launch and full mainnet release.

In concerns about legal issues, the firm wanted to work with a regulated exchange to see what the waters were like, so to speak.

Kayamori said:

“Telegram already has an ecosystem, developers and early token buyers and TON ventures, there are already communities being built up. Based on discussions within these communities, Gram Asia has put its best step forward to do this public sale.”

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments