Telegram Wallet rebrands to Walt as Telegram launches native Gram wallet for consumer crypto.
Tech & Launches ·
Telegram Wallet, a five-year-old crypto platform that expanded from a simple bot for buying Toncoin and Bitcoin into a multi-chain trading and asset platform, has rebranded to Walt. The move occurs as Telegram launches Gram Wallet, a native wallet available immediately to 1 billion users designed to simplify cryptocurrency purchase and use within the Telegram ecosystem. The two products will operate in distinct roles: Gram Wallet serves as the entry point for basic transactions—acquiring Gram tokens, sending Gifts, purchasing Stars, and transferring funds—while Walt positions itself as the advanced platform for users seeking trading, investing, and cross-chain functionality.
The rebrand reflects a strategic division of the financial layer within Telegram. Walt retains its core function as a wallet but expands to encompass paying, investing, earning, and trading capabilities. The Gram Wallet takes over the integration point previously held by Wallet in Telegram's native settings, freeing Walt to operate as a standalone application accessible via @walt. No account migration is required; existing funds, settings, and access methods remain unchanged.
The arrangement leaves several questions unresolved: the timeline for Gram Wallet's broader rollout beyond initial availability, the specific mechanisms guiding users from Gram Wallet to Walt for more complex activity, and how the two products will compete or coordinate as Telegram's crypto ecosystem develops.