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Telegram’s self-custodial wallet, built on the TON blockchain, now supports trading and earning features, expanding access to crypto for its more than 100 million users. The update enhances usability for newcomers and deepens TON ecosystem integration.
Telegram Expands TON-Based Wallet With Trading and Earn Capabilities
Telegram is pushing deeper into crypto. The messaging giant’s self-custodial wallet developed by The Open Platform (TOP) on the TON blockchain has rolled out multi-asset trading and yield features, bringing crypto capabilities to its more than 100 million users.
Previously focused on Toncoin (TON), the Telegram Wallet has evolved to support bitcoin, USDT on TON, and newer assets like notcoin. With the latest update, users can now buy, sell, or hold crypto directly in Telegram without needing to perform complex onchain deposits, a significant win for crypto newcomers.
One standout addition is the earn feature, which offers users yield for holding toncoin. While details like APR and minimum holding amounts remain undisclosed, support for USDT yields and loyalty programs for TON holders are expected to launch later this year.
TOP’s CEO Andrew Rogozov said, “With the current update, Wallet now operates as a fully-fledged crypto platform within Telegram while remaining as simple and accessible as ever. We also plan to implement a loyalty program specifically for toncoin holders to further boost the adoption of the TON Ecosystem.”
Telegram and TOP are building on their crypto momentum with the platform’s blockchain initiatives contributing to Telegram’s recent profitability, further validating the strategic role of crypto integrations.
With 950 million monthly active users, Telegram’s foray into digital finance positions it as a potential gateway for mainstream crypto adoption, especially as its TON-based ecosystem gains traction globally.