Messaging app Telegram has announced the integration of a crypto wallet developed on the TON blockchain, boosting the price of the TON token by 7%. The wallet is now available to Telegram’s 800 million users worldwide and will provide priority access to the messaging app’s advertising platform for projects built on the TON blockchain. This integration comes after Telegram had to sever ties with the blockchain foundation in 2020 due to a lawsuit filed by the US Securities and Exchange Commission. The renewed partnership aims to build Web3 infrastructure on the popular messaging platform and facilitate crypto adoption for Telegram users.
