Telegram founder Pavel Durov says the messaging platform will roll out a native, non-custodial Gram wallet across Telegram this summer. The wallet is described as being built into Telegram itself rather than relying on users to set up a separate external service. Durov characterizes the rollout as the largest deployment of a non-custodial wallet, targeting Telegram’s user base of more than 1 billion users. Sources also state the wallet is intended to enable instant crypto transactions with zero fees, and that it is designed around self-custody, meaning users hold their own private keys rather than a third party holding funds on their behalf.
One source adds context that Telegram already has a crypto wallet bot (@wallet) connected to the Gram ecosystem, but that it operates in a more custodial manner by default and requires users to switch to a self-custody mode. The announced wallet is presented as non-custodial from the outset, though details such as how it will relate to the existing bot and whether it will support assets beyond Gram are not fully specified. A precise launch date is not provided beyond the summer timeframe.