GRAM has rebounded toward $1.40 after Telegram began releasing its self-custodial Gram Wallet to selected users, while trading volume jumped about 137% around the announcement.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n Telegram CEO Pavel Durov said the company had started giving selected users access to Gram Wallet before expanding availability over the next several weeks.<\/p>\n \u201cWe\u2019ll be gradually rolling it out to our billion+ users over the next couple of weeks,\u201d Durov said in a Telegram post.<\/p>\n Built directly into the messaging app, Gram Wallet will become the default wallet displayed in Telegram\u2019s user settings. The product uses a self-custodial structure, allowing users to control their assets instead of leaving custody with a centralized service provider.<\/p>\n <\/p>\n Telegram plans to support instant, zero-fee transactions through the wallet, according to Durov. Users will be able to send funds, make payments, and purchase products or services inside the app. Gram Wallet will also support Telegram Collectibles, a category that includes digital gifts, usernames, and phone numbers.<\/p>\n The release follows an announcement in July, when Durov said Telegram would bring a native, non-custodial wallet to every version of its app. As crypto.news reported at the time<\/a>, the company did not provide details about identity checks, account recovery, security safeguards, or regional restrictions.<\/p>\n Telegram reported more than 1 billion monthly active users in 2025. Durov has not disclosed an adoption target for Gram Wallet or specified how many users received access during the first phase.<\/p>\n According to Durov, network validators approved the smart contract that powers the wallet before the rollout began. Its design allows developers to upgrade the product without forcing users to transfer their holdings to a replacement contract.<\/p>\n Alongside the new product, Wallet in Telegram has changed its name to Walt and will no longer appear as the platform\u2019s default crypto wallet.<\/p>\n Telegram\u2019s product structure assigns everyday transfers, payments and purchases to Gram Wallet. Walt will remain available through Telegram search for users seeking trading, investment, and multichain services.<\/p>\n The two products will remain connected, with Walt supporting multichain deposits into Gram Wallet. Walt currently handles deposits, withdrawals and holdings for more than 300 crypto assets across four blockchains, according to an announcement shared with Cointelegraph.<\/p>\n Its trading service covers more than 200 assets, while its tokenized-asset catalog contains over 100 stocks, exchange-traded funds and metals. Walt also offers yield products and perpetual futures tied to more than 70 assets, including cryptocurrencies, oil, natural gas, and metals.<\/p>\n Andrew Rogozov, founder and CEO of The Open Platform and Walt, said the service started as a simple product for purchasing Toncoin before adding Earn products, real-world assets, and perpetual trading over the past four years.<\/p>\n Gram Wallet, by comparison, has been positioned as a simpler payment product built around GRAM and Telegram\u2019s internal services. Telegram has not said whether every feature will be available in all countries when the phased release is completed.<\/p>\n The wallet launch has arrived about two and a half months after Toncoin officially became Gram.<\/p>\n A community vote approved the change with 81.22% support, and the new identity took effect on June 15. The blockchain retained The Open Network name, while its native asset changed from Toncoin and the TON ticker to Gram and GRAM.<\/p>\n A guide to the rebrand<\/a> published in June explained that the change did not create a new token or require a swap. Wallet balances, addresses, smart contracts and staking positions remained in place, with only the asset\u2019s name, ticker and logo changing.<\/p>\n GRAM previously gained nearly 19% when Durov first disclosed the planned rename in early June. The token reached about $2.21 before giving back part of the move, according to earlier market coverage<\/a>.<\/p>\n The Gram name originated in Telegram\u2019s 2018 blockchain project, but its first planned distribution faced enforcement action in the United States. The SEC sued Telegram in 2019, alleging that its $1.7 billion fundraising arrangement and planned token distribution formed an unregistered securities offering.<\/p>\n\n
Telegram begins phased Gram Wallet release<\/h2>\n
Gram Wallet and Walt serve different functions<\/h2>\n
GRAM rebrand restored Toncoin\u2019s original name<\/h2>\n
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