Walt, the crypto wallet formerly known as Wallet in Telegram, is launching a standalone app that does not require a Telegram account, CoinDesk reported on November 10. The product is developed by The Open Platform.
According to CoinDesk, Walt rebranded in September, when Telegram’s own wallet replaced it in the messaging app’s settings. Walt remains available through its Telegram bot. The new app lets users sign up with Google or Apple and offers crypto trading, tokenized U.S. stocks and ETFs, yield products, and perpetual futures tied to crypto, metals and energy. These products already exist inside Telegram.
CoinDesk reported that new trading tools and asset classes will reach the standalone app first, while crypto payment cards are planned for a later stage. Existing users can use both versions with the same account. The app launches in Walt’s current markets, and access to some investment products varies by region.
Egor Danilov, chief product officer at Walt and The Open Platform, told CoinDesk by email that “the biggest change is access.” He said Telegram’s own wallet covers basic crypto transfers, while Walt targets users who want broader trading and investment tools.
Walt says it has tens of millions of registered users, a self-reported figure. It declined to disclose monthly active users, trading volumes or customer assets. CoinDesk noted that the challenge is giving people a reason to download another app. CoinDesk disclosed that it is part of Bullish.
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