Telegram founder and CEO Pavel Durov has announced that the messaging platform will launch a native non-custodial crypto wallet for its more than 1 billion users this summer, a move that could become one of the largest cryptocy onboarding initiatives in history. The wallet will support instant, zero-fee transactions using Gram, the blockchain token formerly known as Toncoin, allowing users to send, receive, and manage digital assets directly within the Telegram app. The announcement sent Gram prices up roughly 7% as investors reacted to the prospect of massive new user adoption.
Unlike many existing crypto wallets that require separate downloads or browser extensions, Telegram’s wallet will be integrated directly into the messaging platform, significantly lowering the barrier to entry for mainstream users. By embedding blockchain functionality into one of the world’s most popular communication apps, Telegram is positioning itself to compete with traditional payment platforms while accelerating global cryptocy adoption.
The new wallet is designed to make cryptocy transactions as simple as sending a message.
According to Pavel Durov, users will be able to:
The rollout is expected to begin later this summer and gradually become available across Telegram’s global user base.
The wallet launch follows Telegram’s recent decision to officially rebrand Toncoin (TON) back to Gram, reviving the name originally associated with Telegram’s blockchain project before its legal dispute with the U.S. Securities and Exchange Commission (SEC) in 2020.
By making Gram the default cryptocy across its ecosystem, Telegram aims to create a seamless payment experience for users while expanding blockchain functionality throughout the platform.
Unlike custodial wallets managed by exchanges or third parties, Telegram’s new wallet will be non-custodial.
This means users will:
The approach aligns with one of cryptocy’s core principles: allowing individuals to maintain direct ownership and control over their funds.
The wallet is the latest step in Telegram’s broader blockchain strategy.
Over the past year, the company has expanded support for:
By integrating these services into a messaging platform used daily by more than one billion people, Telegram is creating one of the largest consumer-facing Web3 ecosystems in the world.
Investors responded positively after the wallet announcement became public.
Following Pavel Durov’s comments:
Analysts believe native wallet integration could substantially increase on-chain activity if even a small percentage of Telegram’s users begin utilizing digital assets.
Historically, many new cryptocy users first interacted with digital assets through centralized exchanges.
Telegram’s strategy represents a different model by embedding blockchain functionality into an application people already use for communication.
If successful, users may be able to access crypto services without needing separate wallets, browser extensions, or specialized blockchain knowledge, significantly simplifying the onboarding process.
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