Telegram’s built-in crypto wallet has introduced a feature that allows users to earn returns on major cryptocurrencies on the messaging app.
The update introduces vaults to TON Wallet, a standalone wallet integrated with Wallet on Telegram, allowing users to store, send and earn Bitcoin (BTC), Ether (ETH) and Tether USDt (USDT) without leaving the chat interface, according to a Thursday announcement shared with Cointelegraph.
“Our mission at Wallet in Telegram is to transform digital assets from complex concepts into practical, everyday tools,” said Andrew Rogozov, CEO of The Open Platform and Wallet in Telegram.
The system runs on decentralized finance (DeFi) infrastructure provided by the Morpho lending network, the execution layer of the TON TAC (TON Applications Chain) ecosystem and strategy provider Re7. According to the announcement, the tools run in the background and users operate a elementary interface that resembles a typical application wallet.
Related: Telegram’s CEO faces a Russian investigation over allegations of facilitating terrorism
Telegram aims to simplify DeFi monetization
Wallet in Telegram says the goal is to make it easier for regular users to earn cryptocurrency by removing the technical steps typically associated with DeFi services, which often require multiple wallets, network bridges, and third-party applications.
As stated in the announcement, treasury strategies generate variable returns and allow users to maintain control of their funds through self-care. According to the announcement, USDT vaults offer dollar-denominated earnings strategies with varying levels of risk, while BTC and ETH vaults extend the same functionality to the two largest cryptocurrencies.
“The goal is to provide access to onchain profit in the simplest way possible – directly in a self-hosted wallet embedded in the main consumer application. We are lowering the barrier for DeFi strategies by packaging advanced profit strategies into a product native to Telegram,” a Wallet in Telegram spokesperson told Cointelegraph.
The Telegram wallet also plans to support direct deposits of native Bitcoin and Ether, which will automatically appear in wrapped form in the TON ecosystem to enable transfers and monetization features.
The Telegram wallet claims to have over 150 million registered users.
Related: Kraken-backed xStocks launches into TON portfolio in ‘almost all markets’
TON launches a set of cryptocurrency payment tools for merchants
Earlier this month, the TON Foundation introduced TON Pay, a payment software development kit that enables merchants and Telegram Mini App developers to accept cryptocurrency directly on Telegram.
Telegram significantly increased its operating revenue in 2025, reaching $870 million in the first half of the year, up 65% from $525 million a year earlier. About $300 million of revenue came from exclusivity deals tied to its related cryptocurrency Toncoin (TON).
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