From Nasdaq: 2025-05-28 17:40:00

Toncoin (CRYPTO: TON) saw a 14% price surge on Wednesday due to major financing news from Telegram, the secure-messaging app behind the coin. Telegram is seeking $1.5 billion in debt financing, with lenders showing strong interest. The bond issue would yield 9% over a five-year term, attracting investors like BlackRock and Mubadala. This support is expected to strengthen Telegram’s balance sheet and in turn benefit Toncoin. While this news may not impact Toncoin’s utility beyond Telegram, it signifies a positive development for the closely associated cryptocurrency.

For investors looking to allocate $1,000, the Motley Fool’s analyst team recommends considering the 10 best stocks to buy right now, excluding TON. The top 10 picks have historically delivered significant returns, outperforming the S&P 500 by a wide margin. Past recommendations like Netflix and Nvidia have generated substantial profits for investors. By joining Stock Advisor, investors can gain access to the latest top stock picks and potentially benefit from market-beating returns.



Read more at Nasdaq: Why Toncoin Was Zooming Higher on Wednesday