Encrypted messenger Telegram targets $2b in biggest ICO ever

Encrypted messenger Telegram targets $2b in biggest ICO ever

A man is seen as a silhouette as he checks a mobile device whilst standing against an illuminated wall bearing Telegram's logo in this arranged photograph in London, U.K. Photographer: Chris Ratcliffe/Bloomberg

Encrypted messaging service Telegram raised the target for the largest initial coin offering ever to $2 billion, defying a rout in traded cryptocurrencies, according to potential investors.

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