Telegram Introduces Native Gram Wallet and Rebrands Crypto Platform to Walt

Telegram has made significant changes to its crypto ecosystem by introducing a native self-custodial wallet, Gram, and rebranding its broader crypto platform as Walt. According to Pavel Durov's announcement on Telegram, the company will roll out the new Gram wallet across the messaging app over the next couple of weeks.

The Gram wallet is designed for everyday transactions, including payments, transfers, and purchases within Telegram. It will support purchases of Telegram Collectibles, such as gifts, usernames, and phone numbers, as well as payments for services and daily purchases.

Walt, on the other hand, will offer a wider range of crypto services, including trading, investing, and support for assets across multiple blockchains. The platform has expanded beyond its origins as a wallet primarily used to buy and hold Gram (formerly known as Toncoin or TON). Walt supports deposits, holdings, and withdrawals for more than 300 crypto assets across four blockchains.

The connection between Gram wallet and Walt will remain intact, with Walt allowing users to make multichain crypto deposits to Gram wallet. This move marks a significant shift in Telegram's crypto ecosystem, putting a native self-custodial wallet at the center of everyday transactions while repositioning Walt around a wider range of crypto and financial products.