Telegram Bonds Hit All-Time Highs: A Testament to Growth and Strong Support

Telegram’s bonds are currently trading at all-time highs when adjusted for the federal funds rate. This marks a significant milestone in the company's financial journey, reflecting its tremendous growth and the continued confidence in its future prospects.

A Long Way From Our Humble Beginnings

When we first issued bonds four years ago, Telegram had zero revenue and only half the user base that we boast today. The company was in its early stages of monetization, and its long-term vision was just beginning to take shape. At that time, few could have predicted the tremendous success that Telegram would achieve.

A Global Force with Over 1 Billion Active Users

Fast forward to today, and Telegram now has over 1 billion monthly active users — a significant leap from its early days. As the user base grew, so did the potential for revenue and profit. Telegram’s ability to deliver innovative features, an intuitive user experience, and the dedication to privacy and security has cemented its place as one of the most popular communication platforms worldwide.

With substantial profit in the bank, it's no surprise that Telegram’s bonds are performing exceptionally well. The market recognizes the tremendous value Telegram offers, not just as a communications platform but as a company that’s continually evolving and adapting to meet the needs of its users.

The Role of Our Bondholders in Telegram’s Success

A key factor in Telegram's success has been the unwavering support from some of the world’s most reputable global funds. Their continued investment and trust in Telegram’s potential have been instrumental in allowing the company to remain independent and resilient, even in uncertain economic conditions.

The support from these bondholders has not only helped Telegram navigate through the challenges of the market but also allowed us to pursue our mission without outside interference. This partnership empowers Telegram to continue developing cutting-edge features and expanding its user base, regardless of market fluctuations.

A Strong Future Ahead

As Telegram continues to evolve and innovate, we are confident that our bond performance will continue to reflect the success of our platform and the strength of our business. We are grateful for the support of our bondholders and excited about the future growth opportunities that lie ahead.

Telegram remains committed to its mission of providing a secure, innovative, and user-centric platform for communication. And as we continue to grow, we are proud to have the backing of some of the most respected names in global finance, ensuring that Telegram will stay strong and independent for years to come.

Thank you to everyone who has supported us on this incredible journey!

• Pavel Durov