NewsBTC
2018-05-03 07:30:20

Telegram Cancels ICO After Raising Nearly $2 Billion in Private Money

Telegram has scrapped ICO plans after record-breaking private fundraising, and plans a new form of digital payment system on their own network. ICO isn’t needed after raising $1.8 billion in private funds Telegram Group Inc. announced that it is ending plans for public fund raising since it has raised so much money from private investment. Originally the startup...The post Telegram Cancels ICO After Raising Nearly $2 Billion in Private Money appeared first on NewsBTC.