The CEO of Telegram Pavel Durov reported to the Commission on securities and stock exchanges of the USA (SEC) about raising $850 million from 94 investors in the second phase of the project closed ICO TON. The minimum investment amount was $1 million document published on the SEC website.

Earlier pre-sale Telegram’s drew $850 million from 81 investors. During the pre-sales of some sources claimed that the Telegram received applications for $3.8 billion.

That Telegram would hold the second round of attracting investments in their own Gram cryptocurrency and the blockchain platform TON, became known in the end of February. On it the command of the messenger planned to raise up to $1.7 billion.

As reported by “Vedomosti” with reference to the investor, whose Fund participated in the culminating stage, the messenger plans to the end of the year to hold the third round of investment, but its timing is still unknown. The price of the token in the third round will be above $2, he says.

According to the latest whitepaper version of the messenger, in the first quarter of 2018, the messenger should provide a service for external user authentication External Secure Telegram ID in the future it will allow you to purchase cryptocurrency at no additional confirmation of identity. In the second quarter of 2018 Telegram promised to start testing minimum viable version of the blockchain platform TON.

We will remind, earlier in March it became known that the person who is in any of the sanctions lists the USA, the UK, the EU and the UN Security Council will not be able to participate in any of the rounds closed ICO project Telegram Open Network.