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TON Wallet Launches for US Telegram Users

Telegram Launches TON Wallet for US Users, Expanding Blockchain Services

  • TON Wallet is now available to over 87 million users in the US, marking a significant expansion of Telegram’s blockchain services.
  • The wallet supports transfers of USDT, Toncoin (TON), and other TON-based tokens directly within the app.
  • Users maintain full control of their private keys with the wallet’s self-custodial design, enhancing security.
  • Additional features include built-in trading tools and a unique off-ramp feature for withdrawing crypto to bank cards.
  • Over $28 million was raised in a Series A funding round for The Open Platform, which developed the wallet.

The launch of TON Wallet allows users to engage with various applications in the TON ecosystem, including decentralized finance (DeFi) and gaming, all within Telegram’s familiar interface.

With this rollout, Telegram aims to tap into its substantial user base in the US while providing innovative blockchain solutions through its new wallet features. Over $28 million was secured recently to support these developments.

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