Telegram Launches Crypto Wallets for 1B Users; GRAM Token Rallies 7%
Key Facts
In a move aimed at deepening financial integration within the Telegram ecosystem, founder Pavel Durov announced the rollout of native non-custodial crypto wallets for over 1 billion users. This new feature grants users direct and full control over their digital assets without the need for intermediaries. According to reports, this step is designed to strengthen the app's position as a leading platform for facilitating global access to crypto technologies.
Markets reacted positively to the announcement, with the GRAM token (formerly Toncoin) rallying 7%. This surge reflects investor optimism regarding Telegram's ability to convert its massive user base into active participants in the decentralized finance sector. Integrating the wallet natively within the app significantly lowers entry barriers for millions of new users in the crypto market.
On the macroeconomic front, investors are watching for U.S. Retail Sales and Initial Jobless Claims data on July 16, 2026, which may influence general risk appetite across digital asset markets.