Telegram plans ‘largest rollout of a non-custodial crypto wallet in human history’
The messaging platform has long been viewed as a potential gateway for bringing a wider audience into crypto.
Telegram has announced plans to execute what it describes as the largest rollout of a non-custodial crypto wallet in human history, according to a report from The Block. The messaging platform intends to deploy the wallet feature directly within its app, potentially reaching its user base of more than 950 million active accounts worldwide.
Telegram has long been regarded as one of the most crypto-friendly platforms in the consumer technology space, hosting thousands of blockchain project communities, trading groups, and developer channels. The platform previously integrated TON-based services, including its existing custodial wallet offering, laying groundwork for deeper cryptocurrency functionality within its ecosystem.
A non-custodial wallet rollout at this scale would represent a significant development for the broader industry, as it would allow users to hold and manage their own private keys without relying on a third-party custodian. Analysts have noted that Telegram's reach across emerging markets, where crypto adoption has grown steadily, could accelerate onboarding of new users into decentralized finance and digital asset ownership in a meaningful way.
Observers will be watching closely for details on which blockchain networks the wallet will support, how Telegram plans to handle regulatory compliance across multiple jurisdictions, and whether the rollout timeline aligns with previously stated goals from the TON Foundation and associated development teams.
Source: The Block
