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TONX Confirms Four-Year Vesting for Telegram’s TON Token Sales

TONX Confirms Four-Year Vesting for Telegram’s TON Token Sales

Chairman Manuel Stotz refutes claims of unrestricted 2025 token sales, confirming Telegram’s holdings remained stable and all tokens are subject to a four-year vesting period.

TON

Fact Check
The assessment is based on two relevant and consistent primary sources. The KuCoin news article, a source with moderately high authority, directly supports the statement by reporting that TONX confirmed all TON tokens sold by Telegram are subject to a four-year vesting period. This is corroborated by a social media post from the crypto news outlet ChainCatcher, which also states that the TON sold by Telegram has a four-year vesting schedule and identifies TONX as a major buyer. The remaining five sources are entirely irrelevant to the topic and provide no contradictory evidence. The consistency between the two relevant sources and the direct claim made in the KuCoin article provide a strong basis for concluding the statement is likely true.
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Summary

TONX Chairman Manuel Stotz denied reports that Telegram sold 10% of TON’s market cap in 2025 without restrictions, stating that all tokens sold have a four-year vesting schedule. He confirmed that TON Strategy was the largest buyer and that Telegram’s total holdings showed no significant decline between December 2024 and December 2025. The company’s approach emphasizes long-term holding and staking of the tokens.

Terms & Concepts
  • Vesting Schedule: A timeline determining when purchased or granted tokens become accessible to the holder.
  • Staking: Locking crypto to earn rewards and support network operations.
  • TON: A blockchain-based cryptocurrency originally developed by Telegram.