Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
FT: Telegram's H1 2025 Revenue Reaches $8.7 Billion, Full-Year Target $20 Billion
BlockBeats News, January 6th, according to the Financial Times, the crypto-friendly messaging app Telegram is preparing for a potential IPO, with a significant revenue increase expected by 2025. Unaudited financial data shows that Telegram's revenue in the first half of 2025 reached $8.7 billion, a 65% year-on-year increase from $5.25 billion in the same period last year.
Approximately $3 billion of this revenue came from "exclusive partnership agreements," mainly related to Telegram's ecosystem cryptocurrency Toncoin (TON). Telegram's full-year revenue target for 2025 is $20 billion.
Despite an operating profit of nearly $4 billion in the first half of the year, Telegram still reported a net loss of over $2.2 billion, mainly due to the impairment of its Toncoin assets. Data shows that TON's price dropped by about 69% in 2025. Telegram disclosed to investors that it has sold over $450 million of TON during the year, representing approximately 10% of TON's current market value.
In addition, reports indicate that around $500 million of Telegram bonds are frozen in the Russian Central Securities Depository due to Western sanctions, highlighting the company's exposure to Russia-related risks. Telegram has issued bonds multiple times in recent years, including a $1.7 billion convertible bond issued in May 2025, with BlackRock and the Abu Dhabi sovereign wealth fund Mubadala as existing backers. The report mentions that Telegram CEO Pavel Durov is currently under investigation in France, and the related legal uncertainties are considered a key obstacle in its IPO process.
You may also like
Morning Report | Amazon increases investment in Anthropic up to $25 billion; SEC plans to introduce an "innovation exemption" mechanism to support compliant on-chain trading of tokenized securities
Jeff Hoffman, founder of Booking.com: How Web3 and AI are reshaping the trillion-dollar social travel market
Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…
18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…
Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…
Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…
Ceasefire Expiration and Market Response: Bitcoin Defies Market Trends
Key Takeaways: The current ceasefire agreement is anticipated to expire on Wednesday in Washington, with low likelihood of…
Oil Price Dilemma: More Than a Price Hike
Key Takeaways: Global oil market has surpassed its breaking point, not solving with price hikes but facing significant…
On the Day Aave Launched rsETH, Spark Strategically Exited
Key Takeaways: Aave enabled rsETH lending at a 93% LTV, while Spark withdrew due to low utilization by…
Nasdaq Breaks Record and Crypto Transactions Surge
Key Takeaways: Nasdaq’s rise to a new intraday high indicates strong market momentum. A significant transfer of 35,000…
Powell: Fed Requires a Brand New Inflation Blueprint
Key Takeaways: Powell aims for transformative policy overhauls within the Fed if appointed. Past inflation response mistakes during…
Without Cook’s Apple, Can it Still Grow in the AI Era?
Key Takeaways: John Ternus acts more like a systematic integrator within Apple rather than a solo visionary. Apple’s…
Iran Stock Market and Crypto Developments in Focus
Key Takeaways: The Iranian stock market is set to reopen in 10 to 12 days, excluding companies impacted…
ZachXBT vs. RAVE: Seeking the Truth Behind Crypto Market Volatility
Key Takeaways: In April 2026, RAVE surged by 4500%, later collapsing 90% after investigations by ZachXBT, Binance, and…
Trump Predicts Iran Bombing While Ethereum Moves Spark Interest
Key Takeaways: U.S. President Trump anticipates military action against Iran imminently, with the U.S. armed forces on standby…
Trump Declines Ceasefire Extension Amidst Crypto Market Turmoil
Key Takeaways: President Trump rejects further ceasefire extensions with Iran, emphasizing potential agreement as the path forward. 35,000…
Trump: Surprised by Stock Market Rebound, Thought It Would Fall 20%
Key Takeaways: U.S. President Trump was caught off guard by the stock market’s resilience during the Iran War,…
Chairman of the Joint Chiefs: U.S. Prepared for Swift Large-Scale Operations Against Iran
Key Takeaways: General Mark Milley, U.S. Joint Chiefs of Staff Chair, indicates preparedness for immediate military action against…
Morning Report | Amazon increases investment in Anthropic up to $25 billion; SEC plans to introduce an "innovation exemption" mechanism to support compliant on-chain trading of tokenized securities
Jeff Hoffman, founder of Booking.com: How Web3 and AI are reshaping the trillion-dollar social travel market
Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…
18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…
Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…
Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…
App