Wallet in Telegram renamed to Walt and transforming into a crypto platform
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UzDaily
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Wallet in Telegram renamed to Walt and transforming into a crypto platform

The Wallet in Telegram service has announced a rebranding and will now operate under the name Walt. This name change reflects the product's evolution from a simple cryptocurrency wallet to a universal platform that provides trading tools, yield-bearing products, and support for multi-chain assets.

The rebranding is taking place ahead of the planned launch of Telegram's built-in non-custodial wallet, named Gram. Developers emphasized that these two products will serve different functions.

Gram will be positioned as an entry point for a broad audience, allowing users to purchase the ecosystem's main token, make transfers, and conduct payments within Telegram services. Meanwhile, Walt is aimed at more experienced users.

Currently, Walt supports the storage and exchange of over 300 assets across four blockchains. The platform allows trading of over 200 cryptocurrencies, tokenized stocks, ETFs, and metals as real-world assets (RWA), and also offers yield-bearing products for stablecoins and a range of other assets.

Furthermore, the platform provides the ability to trade perpetual futures on over 70 instruments, including oil and metals. In the near future, the company plans to launch crypto cards for daily transactions and an AI assistant for market analysis and portfolio management.

Andrey Rogozov, founder and CEO of The Open Platform (TOP) and Walt, noted: 'We started as a simple wallet for buying Toncoin and Bitcoin, and in four years we have turned into a full-fledged crypto platform.'

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Digital Banking Shifts to Ecosystem Competition

Competition in the digital banking sector is transforming: the focus is shifting from card aesthetics and gamification to the creation of integrated business ecosystems. The future of market leadership will belong to platforms deeply integrated into comprehensive value creation chains.

Digital Banking Shifts to Ecosystem Competition

Initial neobank models relied on attracting customers through referral bonuses and gamification. However, they are now facing rising costs for user retention and acquisition. Similarly, models focused exclusively on corporate payroll projects remain vulnerable to the concentration of institutional clients.

Tobank represents the next stage of development as it integrates digital banking into the broader ecosystem of Tourism Financial Group. This ecosystem covers various sectors, including tourism, hospitality, retail, and entertainment. Instead of distributing funds through uncontrolled cash loans, the platform prioritizes targeted credit lines for goods and services within seller networks.

Highlighting this transition, Mohammad Bigdeli, CEO of Tourism Bank, noted: 'The next phase of digital banking is defined by targeted lending within active ecosystems, not by plastic card features. Tobank directly links consumer financing with real economic activity, preserving retail purchasing power and ensuring continuous liquidity across the entire network.'

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