Crypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card.
With the Button Wallet integration, Telegram users can now purchase Bitcoin, Ethereum, and the DAI tokens against the U.S. dollars directly from their accounts.
Dr. Demetrios Zamboglou, Fintech Executive, Blockchain Expert, and ICO Advisor, shares his insights into Telegram potential: be it their own TON Network, or Gram cryptocurrency, explaining why it may be a case for investors of cashing in at the right time.
As experts have estimated, the total capitalization of Gram could be worth $29.5 billion by the end of 2019.
The Xena Exchange platform is prepared to create a derivative on Telegram’s GRAM token. Investors would be able to trade the GRAM tokens before they are issued on the Telegram TON project. Xena’s derivative would be available as of Feb. 27.
The blockchain platform of popular messenger Telegram is 70% ready, while the test-version of TON is said to see the public in the upcoming months.