Telegram revenue jumps to $870M in H1 2025; $2B full-year target: FT

Telegram's revenue surged to $870 million in the first half of 2025, prompting the company to set a full-year revenue target of $2 billion. This growth is attributed to increased user engagement and the expansion of its monetization strategies. The messaging platform has been focusing on enhancing its premium features and advertising options to drive revenue. Telegram's user base continues to grow, contributing to its financial success. The company aims to maintain this momentum throughout the remainder of the year.

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How DeFi is quietly rebuilding the fixed-income stack for institutional capital

Decentralized Finance (DeFi) is increasingly attracting institutional capital by innovating the fixed-income market, traditionally dominated by centralized finance. New DeFi protocols are offering yield-generating opportunities through tokenized assets and automated market-making, allowing institutions to access liquidity and diversify their portfolios. These developments are enabling a more efficient and transparent fixed-income