Telegram Completes Second ICO, Raising $1.7 Billion, a Third ICO May Be on the Horizon

Telegram Group Inc., the encrypted messaging platform, has completed its second initial coin offering (ICO) — the world’s largest — bringing the amount raised to $1.7 billion. The ICO was held to help establish the Telegram Open Network (TON), a “fast, scalable, and user-friendly” cryptocurrency and blockchain platform.In addition to the $850 million Telegram raised in February of this year, $850 million has been raised from 94 investors this month. Further, the com