Telegram's 2023 financial statements were revealed. The reports reveal that over 40% of Telegram's $342.5m revenue came from crypto transactions, with digital assets like Toncoin playing a significant role.

Additional key metrics include:

⚫$342.5m in revenue for 2023

⚫$108m operating loss

⚫$958.2m in total assets

⚫Nearly $400m in digital assets held

⚫$2.3bn raised through convertible bonds

⚫$64m worth of Telegram bonds purchased by Durov in 2023