Silicon Valley investors line up to back Telegram ICO

What happens when cryptomania invades venture capitalism? Some of Silicon Valley’s leading investors are lining up to buy into a much-hyped initial coin offering by Telegram, the encrypted messaging service that is seeking $1.2bn to build a virtual economy within its app. Ravi Mattu asks the FT's Chloe Cornish and Jonathan Guthrie to explain why.  Hosted on Acast. See acast.com/privacy for more information.