Affected by Telegram's $1.5 billion fundraising news, TON surged over 6% momentarily.

BlockBeats News, May 28th, according to HTX market data, possibly influenced by the news that Telegram is raising $1.5 billion in funding, TON surged over 6% briefly, currently priced at $3.09, with a 24-hour gain of 3.68%.

BlockBeats previously reported that, according to sources, Telegram is planning to raise $1.5 billion through a bond issuance. Investors include U.S. asset management firm BlackRock and Abu Dhabi sovereign wealth fund Mubadala. New investors are expected to include hedge fund companies such as Citadel.