Telegram will introduce a native non-custodial Gram wallet this summer, founder Pavel Durov said, aiming to bring self-custody crypto transactions to the platform’s more than 1 billion users.
Native Non-Custodial Wallet Coming to Telegram
Durov said Telegram plans to roll out a built-in Gram wallet that allows users to hold and transact crypto assets without relying on a third-party custodian. A non-custodial setup means users control their private keys, enabling direct, peer-to-peer transfers and greater autonomy over funds.
Background: Gram, TON, and Telegram’s Crypto Efforts
Telegram previously pursued a blockchain initiative known as the Telegram Open Network (TON) and a native token called Gram. In 2020, the company halted the project and settled with the U.S. Securities and Exchange Commission over the token sale. The network’s development later continued independently as The Open Network (TON), whose native asset is Toncoin (TON).
Telegram has supported wallet integrations in the past. A native, non-custodial wallet embedded directly in the app would expand access to self-custody for a large global user base.
Why It Matters
- Scale: Introducing self-custody to a platform with over 1 billion users could lower friction for everyday crypto transfers and onboarding.
- Control: Non-custodial design gives users direct control of their assets, aligning with crypto’s core principles of ownership and portability.
- Ecosystem impact: Deeper wallet functionality within a mainstream messaging app may accelerate adoption of on-chain payments and applications.
Durov did not provide a specific launch date beyond the summer timeline. Further details on supported assets and regional availability were not disclosed.