Pavel Durov's recent arrest in France has raised concerns about the future of Telegram, as investors closely monitor his legal challenges and implications for the firm's IPO.
Despite Telegram's reported near profitability and plans for an IPO, experts warned that the company's direction remains closely tied to Durov's leadership and volatile cryptocurrency ventures.
Founded by Pavel Durov, Telegram stands out from other messaging platforms by integrating blockchain technology and its cryptocurrency TON, impacting both its business model and investor outlook.
Kingsway Capital reassured investors, claiming they do not see Durov's arrest as an 'existential' crisis for Telegram, despite the intertwined relationship between Durov's leadership and the company's prospects.
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