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Telegram Rolls Out Built-In TON Wallet to 87 Million U.S. Users

Embedding crypto services directly in chats removes onboarding friction, opening DeFi access for American users

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Overview

  • Global adoption of TON Wallet exceeded 100 million activations in 2024, setting the stage for its U.S. release.
  • The self-custodial design uses a split-key backup system that ties private keys to Telegram accounts and email for simplified recovery.
  • Users can execute peer-to-peer transfers, swap tokens and stake assets to earn yield without leaving the messaging interface.
  • Zero-fee crypto purchases are offered through a partnership with MoonPay, with debit card on- and off-ramps integrated into the app.
  • The Open Platform, supported by the TON Foundation, recently attained unicorn status after raising $28.5 million at a $1 billion valuation.