Telegram Debuts Native Gram Wallet and Rebrands “Wallet in Telegram” to Walt

Social app Telegram has today launched its native, non-custodial, peer-to-peer Gram Wallet and rebranded its “Wallet in Telegram” trading hub as “Walt.” 

Telegram introduces Gram crypto wallet and Walt

According to the announcement, the wallet enables instant peer-to-peer transactions within chats at zero fees and without demanding Know Your Customer (KYC) verification. Transactions include GRAM token transfers, payments, and ecosystem purchases such as usernames, gifts, and premium phone numbers.

Gram wallet rollout is happening in two phases: The initial stage has granted access to a select and limited number of users, while the second and more robust stage will gradually open the wallet to Telegram’s 1 billion+ global users over the next few weeks.

The second announcement focused on the renaming of the “Wallet in Telegram” bot (@wallet) into “Walt”. This multi-chain financial ecosystem enables trading for over 200 assets across 4 blockchains. Its offerings include over 300 crypto tokens, tokenized stocks, ETFs, yield-earning programs, and perpetual futures trading.

Importantly, Telegram conducted the name change to clearly separate the wallet and social space from the trading hub. This, in addition to the wallet’s non-custodial features, caters to Europe’s MiCA requirements, eliminating regulatory battles.