Main Points
- Expanded Functionality: Telegram’s self-custodial wallet, built on the TON blockchain via The Open Platform (TOP), now supports multi-asset trading and yield features for over 100 million users.
- Broadened Asset Support: Initially focused on Toncoin (TON), the wallet now enables users to trade assets such as Bitcoin, TON-based USDT, and notcoin without complex on-chain deposits.
- New Yield Feature: Users who hold toncoin will soon be eligible to earn yields, with details such as APR and minimum holding amounts to be announced later—alongside plans for a loyalty program.
- Enhanced User Experience: The update streamlines crypto buying, selling, and holding directly within Telegram, making digital assets more accessible to beginners while deepening integration with the TON ecosystem.
1. Introduction: A New Era of In-App Crypto Functionality
Telegram is expanding its crypto offerings, further cementing its position as a digital financial platform. The company’s self-custodial wallet, built on the TON blockchain by The Open Platform (TOP), now integrates multi-asset trading and yield functionalities. With over 100 million active users worldwide, Telegram’s wallet upgrade marks a major step in bringing cryptocurrency trading and earning capabilities directly into one of the world’s most popular messaging apps.
2. Expanded Trading Capabilities and Asset Support
Previously, Telegram Wallet primarily focused on Toncoin (TON). With the latest update, however, the wallet now supports a broader range of assets. Users can now directly purchase, sell, or hold cryptocurrencies like Bitcoin, TON-based USDT, and notcoin without the need for complicated on-chain deposit procedures. This simplified user experience is designed to make crypto trading accessible to both newcomers and experienced users alike.
3. New Yield Functionality: Earning with toncoin
One of the most exciting features of the update is the introduction of a yield mechanism for toncoin holders. Although specific details regarding APR and minimum holding requirements have not yet been disclosed, this new feature is set to provide users with a way to earn passive income simply by holding toncoin. Later this year, TOP plans to roll out additional elements of a loyalty program exclusively for toncoin holders, further incentivizing users to engage with the TON ecosystem.
Andrew Logozov, CEO of TOP, stated, “With this update, our wallet now functions as a full-featured crypto platform within Telegram while maintaining its simplicity and accessibility. We’re also planning to launch a loyalty program exclusively for toncoin holders to further promote the growth of the TON ecosystem.”
4. Strategic Implications: Strengthening the TON Ecosystem
Telegram’s continuous push into digital finance is a strategic move aimed at enhancing its competitive edge in the crypto space. By integrating trading and yield functionalities into its wallet, Telegram is not only improving user convenience but also reinforcing the TON ecosystem. This initiative positions the platform as a potential gateway to mainstream crypto adoption, leveraging its monthly active user base of over 950 million to accelerate digital asset integration worldwide.
The collaboration between Telegram and TOP highlights the company’s commitment to using blockchain technology to drive innovation in financial services. As the TON ecosystem gains momentum on the global stage, these enhancements will likely contribute significantly to its growth and adoption.
5. Pioneering In-App Crypto Innovation
Telegram’s latest wallet update represents a significant milestone in the evolution of digital finance within messaging platforms. By adding multi-asset trading and yield features to its self-custodial wallet, Telegram is making it easier than ever for over 100 million users to access and interact with cryptocurrencies. The expansion of asset support, along with the new yield functionality for toncoin holders, demonstrates a robust commitment to integrating crypto capabilities seamlessly within the Telegram app.
As Telegram continues to innovate and solidify its position in the crypto space, this move is expected to drive further adoption of digital assets, particularly within the growing TON ecosystem. For users and industry observers alike, Telegram’s enhanced wallet signals an exciting new chapter in the convergence of messaging and digital finance.
