Telegram’s $1.2 Billion ICO Could Be the Most Ambitious Token Sale Yet

To describe Telegram’s planned initial coin offering (ICO) as ambitious would be an understatement.

And it’s not only because the provider of a popular messaging app is seeking to raise $1.2 billion, according to three people familiar with the offering, which would represent the largest crypto token sale to date.

Nor is it just because Telegram, with 200 million users, seems to be intent on bringing cryptocurrency payments to the masses.

Source: CoinDesk