Telegram plans native non-custodial Gram wallet for its 1 billion-plus users

Telegram plans native non-custodial Gram wallet for its 1 billion-plus users

A web version is already live at wallet.ton.org, while Telegram says the larger in-app rollout later this summer aims to bring zero-fee self-custody transfers to its global user base.

ETH
SOL
TRX

Summary

Telegram plans to integrate a native non-custodial Gram wallet into every Telegram app later this summer, after Pavel Durov said the product could bring instant zero-fee crypto transactions to more than 1 billion users. The rollout is now being framed in two stages: a web version of Gram Wallet is already live at wallet.ton.org, while the larger native wallet built directly into Telegram’s apps is still planned for later this summer. Gram said the browser-based wallet already lets users create or import a wallet and store and send GRAM, jettons and NFTs, and a separate standalone iOS and Android app from the same developer behind MyTonWallet supports GRAM, ETH, SOL and TRX. Telegram has still not disclosed a fixed launch date for the in-app wallet, which assets it will support at launch, how it will subsidize network fees behind the zero-fee claim, or other operating details such as recovery options, regional availability and identity verification requirements. The move extends Telegram’s renewed push into TON after last month’s rebrand of Toncoin to Gram, reviving the name used in Telegram’s abandoned 2018 blockchain plan. Telegram’s original token effort was halted after the U.S. Securities and Exchange Commission sued in 2019, and the company settled in 2020 by agreeing to return more than $1.2 billion to investors and pay an $18.5 million civil penalty. Independent developers later continued the open-source code into the current TON network, which Telegram has increasingly woven into its ecosystem through advertising payments, creator tools and developer services.

Terms & Concepts
  • non-custodial: A wallet model in which users control their own keys and funds instead of relying on a third party to hold them.
  • jettons: Tokenized assets issued on the TON network, similar to fungible tokens on other blockchains.
  • NFTs: Unique blockchain-based digital assets that can represent items such as collectibles or in-app goods.