Telegram unveils Gram wallet for 1B users, GRAM token soars
Telegram will launch a non-custodial Gram wallet for 1B+ users, enabling instant, zero-fee crypto transactions. GRAM token surged up to 8% after the announcement.
Telegram is set to launch a native, non-custodial Gram wallet directly within its messaging app this summer, targeting its massive user base of over 1 billion people. This wallet will allow users to hold their own private keys, ensuring full control over their funds, and enable instant, zero-fee crypto transactions. The rollout is described as the largest deployment of a non-custodial crypto wallet in history. Powered by The Open Network (TON), Telegram’s blockchain infrastructure, the wallet aims to make on-chain payments more accessible and seamless for everyday users. Following the announcement, GRAM—the native token of TON—saw prices surge up to 8% alongside a spike in trading volumes. While the initiative promises broad distribution, its true impact will depend on how many users actively adopt self-custody at this unprecedented scale. Telegram’s move positions it as a major force in mainstream crypto adoption, integrating decentralized finance tools directly into daily messaging.