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 Telegram financial statement shows it holds $400 million in crypto 

The popular messaging app Telegram, whose CEO Pavel Durov was arrested on Aug. 24, reportedly held $400 million in digital assets as of the end of last year, according to the company’s 2023 financial statement.
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 Telegram's financial report highlights the functionality of its integrated wallet, which allows users to store, send, receive, and trade cryptocurrencies. This feature has become a substantial part of Telegram's revenue model, with about 40% of its total revenue derived from digital asset-related activities, amounting to nearly $148 million in 2023 
 Telegram's financial report highlights the functionality of its integrated wallet, which allows users to store, send, receive, and trade cryptocurrencies. This feature has become a substantial part of Telegram's revenue model, with about 40% of its total revenue derived from digital asset-related activities, amounting to nearly $148 million in 2023