Telegram has officially launched its native non-custodial wallet, Money, adding support for cryptocurrency transfers and purchases of collectibles inside its platform. The wallet had previously been available only to a limited group of users, but is now being rolled out more broadly across Telegram’s user base of more than 1 billion people. Following the launch news, GRAM, formerly known as Toncoin, rose 9% and was trading at $1.56. The price move was cited by CoinGape. The update ties a product rollout on one of the world’s largest messaging platforms to an immediate market reaction in the related token.
Telegram has officially launched its native non-custodial wallet, Money, for cryptocurrency transfers and collectible purchases.
The wallet had previously been available only to a limited group of users. It is now being gradually opened to Telegram’s platform-wide user base of more than 1 billion.
After the announcement, GRAM, formerly known as Toncoin, rose 9% to $1.56, according to CoinGape.
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