Telegram is overhauling its crypto product lineup, separating its longstanding custodial wallet into two distinct services. As of Monday, September 28, the platform’s development team confirmed that the wallet previously known as Wallet in Telegram has been rebranded to Walt, while a new non-custodial wallet called Gram Wallet is being integrated directly into the messaging app.
Walt will serve as the advanced hub for trading, investing, and multi-chain portfolio management, supporting more than 300 digital assets. The announcement noted that the product has outgrown its original role as a simple way to buy Toncoin. Andrew Rogozov, founder and CEO of The Open Platform and Walt, linked the rebrand to that expansion. Existing customers can reach the renamed platform through the @walt account on Telegram, and their funds, settings, and account information remain intact.
Gram Wallet, by contrast, is positioned as an everyday self-custody tool. It handles peer-to-peer micropayments between contacts, transfers without extra network fees, and in-app purchases such as premium usernames, virtual numbers, Gifts, Stars, and interactions with Telegram apps. Gram will occupy the place in Telegram’s settings previously held by Wallet, offering a familiar entry point for routine payments, while users can also fund their Gram wallets through Walt.
The technical migration has been designed to avoid manual user action. Existing accounts, balances, and wallet addresses will not require migration. The automated update system aims to reduce phishing links and fraud attempts that often accompany corporate token migration notices, with compatibility verification delegated to the protocol rather than to external user authorizations.
Market activity responded positively to the restructuring announcement. Toncoin gained more than 2% during Monday’s session, trading near $1.40, while 24-hour trading volume surged by approximately 137%. Independent charting data indicated that the asset had been moving within a falling wedge formation on four-hour timeframes, a technical pattern that often precedes volatility breakouts.
Looking ahead, Walt plans to introduce crypto cards for real-world spending and conversational trading tools for examining markets, assessing portfolio risks, and potentially executing perpetual futures trades. No launch dates have been provided. Gram Wallet access will proceed through a staged rollout over the coming weeks, with Telegram confirming territorial availability. Executives expect the split to streamline onboarding for newcomers to decentralized finance, with some Gram users eventually transitioning to Walt’s advanced investment services.
