BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Telegram to Integrate Crypto Wallet Called ‘Ton Space Wallet’

by BlockNews Team
August 15, 2023
in Business, Crypto, Technology
A A
Telegram Set to Build Crypto Wallet, Decentralized Exchanges in Response to FTX’s Collapse
1
SHARES
Share on TwitterShare on Reddit
  • TON has introduced its self-custodial crypto wallet called TON Space in beta phase for developers.
  • TON Space aims to enhance Web3 adoption by integrating the wallet into Telegram Messenger, enabling developers to build apps with blockchain integration while staying within the platform.
  • TON Space offers users control over their assets, seamless linkage with Telegram-built apps, and plans to include NFT collectibles and swapping services by Q3 2023.

TON, a blockchain system founded by Telegram, announced the launch of its self-custodial crypto wallet, TON Space, on Wednesday, 9 August. Ton will also be integrated into the popular messaging app, Telegram. The product is now in beta testing and is only available to developers.

Developers who apply for the beta version of TON Space will be able to integrate the wallet into their apps ahead of everyone else.

TON Space aims to facilitate Web3 adoption by providing the entire user experience within Telegram Messenger. Developers can create apps, integrate blockchain technology, and onboard users without leaving the platform.

According to John Dunne, head of DeFi at Wallet, “The developers’ beta is a critical moment in launching the first self-custodial wallet built into a thriving Web2 platform; the introduction of TON Space will allow blockchain developers to build Web3 services that feel like the intuitive mobile app experiences users have every day. Easy-to-use and all without ever leaving Telegram, with 800 million users every month, this opens up a staggering growth opportunity for builders.”

The Primary Features of TON Space

TON Space is a self-custody wallet that will give its users complete control over their assets, allowing them to store, trade, and manage crypto within Telegram. One of the distinct advantages of TON Space is that it can be seamlessly linked to any Telegram app, all while remaining integrated within a single ecosystem.

According to the press release, TON Space is the most eagerly anticipated feature among Telegram Messenger users who want full access to the TON network.

The custodial wallet is expected to be available for consumer use by the end of the third quarter 2023. By that time, the team also intends to incorporate NFT collectibles and swapping services into the product.

Justin Hyun, Director of Growth at TON Foundation, commented,

“The launch of TON Space is a significant milestone establishing a new infrastructure layer for the TON ecosystem. The power to build decentralized applications and bots fully integrated inside of Telegram cannot be underestimated. These services, and their users, will now enjoy the infinite possibilities that come with the power to store, manage, and trade assets within Telegram.”

 About The Open Network (TON)

The Open Network (TON) is a blockchain system designed for the opportunity, initially created by the messaging platform Telegram Messenger.

TON is built enterprise-ready for the onboarding of billions of users with low fees and easy-to-use apps natively built in Telegram and is designed to power millions of transactions per second near-instantly.

The TON Foundation now supports the TON blockchain’s architecture in order to run various programs such as peer-to-peer, distributed storage, service hosting technologies, and more.

Tags: Crypto WallettelegramTON
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?
Crypto

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?
Crypto

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years
Bitcoin

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early
Crypto

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya
Bitcoin

BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya

May 30, 2025
JPMorgan Issues Bearish Outlook on Ethereum: Should You Sell or Buy?
Crypto

JPMorgan Issues Bearish Outlook on Ethereum: Should You Sell or Buy?

May 30, 2025
Load More

Related News

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Elon Musk Steps Down from DOGE, Remains Trump Advisor

Elon Musk Steps Down from DOGE, Remains Trump Advisor

May 30, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.