- 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
Central Bank of the UAE Endorses First USD-Backed Stablecoin
Key Takeaways The UAE Central Bank has endorsed the first US dollar-backed stablecoin, USDU, to streamline compliant settlements…
Talos Raises $45M Series B Extension Backed by Robinhood, Bringing Total Funding to $150M
Key Takeaways: Talos, a leading provider of institutional digital asset trading technology, has raised $45 million in a…
Russia Caps Crypto Investments at $4,000 Annually for Non-Qualified Investors – Will Others Follow Suit?
Key Takeaways Russia’s proposal sets a $4,000 annual investment limit for non-qualified crypto investors, sparking discussions on regulatory…
Bitpanda and Ribbon Plc to Unveil Comprehensive Crypto Services in the UK
Key Takeaways Bitpanda Technology Solutions collaborates with Ribbon Plc to launch digital asset services in the UK. The…
a16z-Backed Crypto Custody Startup to Close, Returning Investor Capital
Key Takeaways Entropy, a decentralized crypto custody startup, is closing its doors after four years due to strategic…
Why DePIN Is the Next Big Revolution in 2026-2028
Key Takeaways DePINs have emerged as a vital solution to the infrastructural demands of AI, moving from theoretical…
CLARITY Act Stalled: How Coinbase's Revolt Against U.S. Crypto Rules Could Freeze the Crypto Market (2026 Update)
Jan 2026: The CLARITY Act imploded when Coinbase opposed Senate's stablecoin yield ban. Explore the 3 'poison pills' that froze crypto regulation and moved markets.
Crypto Users Face Threat from Massive 149 Million Credential Infostealer Data Breach
Key Takeaways: A massive data breach involving 149 million records was discovered, posing rising risks for crypto users.…
Crypto Takeaways from Davos: When Politics and Finances Collide
Key Takeaways Trump’s Geopolitical Crypto Push: U.S. President Trump emphasized the urgency of crypto regulation as a geopolitical…
Ether treasury ETHZilla acquires aircraft engines amid a new tokenization strategy
Key Takeaways: ETHZilla has shifted focus by purchasing two aircraft engines for $12.2 million, aligning with its new…
A16z-Supported Crypto Venture Entropy Winds Down, Returns Investor Funds
Key Takeaways Entropy, a startup supported by Andreessen Horowitz and Coinbase Ventures, is closing due to scalability challenges…
Former Alameda CEO Released from Custody After 440 Days
Key Takeaways: Caroline Ellison, former CEO of Alameda Research, has been released after serving 440 days in federal…
What Happened in Crypto Today: Key Updates and Insights
Key Takeaways A crucial crypto bill’s progress is delayed as the Senate pivots its focus to broader affordability…
Scaramucci Criticizes Stablecoin Yield Ban’s Impact on U.S. Dollar
Key Takeaways The CLARITY Act’s prohibition on stablecoin yields potentially weakens the U.S. dollar’s competitiveness against the digital…
CLARITY Act Stalls: Why Has the Interest-Bearing Stablecoin Become a Bank’s “Thorn in the Side”?
Key Takeaways The debate surrounding the CLARITY Act is primarily focused on interest-bearing stablecoins and their implications for…
Why Can Coinbase Halt a CLARITY Act Vote with Just One Sentence?
Key Takeaways Coinbase CEO Brian Armstrong’s opposition to the Clarity Act halted a critical Senate vote, showcasing the…
Only KYC Can Stop Insider Trading on Prediction Markets, Messari Says
Key Takeaways KYC regulations are essential in curbing insider trading on prediction platforms but are not foolproof. Non-KYC…
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Key Takeaways: Tether recently froze around $182 million USDT on the Tron blockchain, aligning with U.S. government sanctions.…
Central Bank of the UAE Endorses First USD-Backed Stablecoin
Key Takeaways The UAE Central Bank has endorsed the first US dollar-backed stablecoin, USDU, to streamline compliant settlements…
Talos Raises $45M Series B Extension Backed by Robinhood, Bringing Total Funding to $150M
Key Takeaways: Talos, a leading provider of institutional digital asset trading technology, has raised $45 million in a…
Russia Caps Crypto Investments at $4,000 Annually for Non-Qualified Investors – Will Others Follow Suit?
Key Takeaways Russia’s proposal sets a $4,000 annual investment limit for non-qualified crypto investors, sparking discussions on regulatory…
Bitpanda and Ribbon Plc to Unveil Comprehensive Crypto Services in the UK
Key Takeaways Bitpanda Technology Solutions collaborates with Ribbon Plc to launch digital asset services in the UK. The…
a16z-Backed Crypto Custody Startup to Close, Returning Investor Capital
Key Takeaways Entropy, a decentralized crypto custody startup, is closing its doors after four years due to strategic…
Why DePIN Is the Next Big Revolution in 2026-2028
Key Takeaways DePINs have emerged as a vital solution to the infrastructural demands of AI, moving from theoretical…
App