PANews reported on April 30 that according to CoinDesk, asset tokenization agency Libre announced that it will cooperate with Brevan Howard, Hamilton Lane and Laser Digital, the digital asset department of Nomura Securities, to launch a $500 million Telegram Bond Fund (TBF) on the TON blockchain. The fund will be open to qualified investors, and the underlying assets are $2.4 billion in outstanding bonds issued by Telegram. Libre CEO Avtar Sehra said that fund shares will be tokenized through the TON network, and investors can obtain bond returns and use them as collateral for on-chain lending. Previously, Libre has completed the tokenization of more than $200 million in assets, and its partners include BlackRock and other institutions. The TON network was originally developed by Telegram and is now committed to introducing its 950 million users into the on-chain ecosystem.