Gram (Toncoin) news

Coinbase will launch perpetual futures for GRAM, GRASS, QNT, and ZRO on November 13, 2026, with trading starting at or after 12:00 PM UTC. The new markets, available via Coinbase and Coinbase Advanced, cater to both retail and institutional traders. Deribit will simultaneously list USDC-settled perpetuals for the same tokens plus PEARL. The tokens represent diverse projects: GRAM (formerly TON) powers The Open Network, GRASS is a Solana-based DePIN network, QNT supports Quant Network's Overledger, and ZRO is LayerZero's governance token. Open interest for ZRO and QNT already reaches tens of millions of dollars, supporting demand. The launch aligns with Coinbase Prime's efforts to broaden institutional crypto access.

TON Strategy (TONX) reported $13.1M in Q3 revenue, nearly all from staking rewards on its GRAM tokens, but recorded a $24M net loss due to a $27.2M unrealized loss on its holdings, reversing Q2's $82.8M gain. The company staked 232.9M of its 235.1M GRAM tokens, earning an annualized yield of ~16%, though revenue fell from $15M due to GRAM's price decline. TONX, formerly Verb Technology, pivoted to the TON ecosystem in 2025 after a $560M capital raise. It also repurchased $5.7M of its shares. The token, renamed from Toncoin to GRAM in June 2026, saw adoption with Telegram's native Gram Wallet, which created over 700,000 wallets in 48 hours. CEO Kevin Wilson sees this as a sign of real-world utility, while the loss is largely an accounting entry, not a cash outflow.

TON Strategy Company reported $13.1 million in Q3 revenue, mainly from staking rewards on its GRAM treasury, down from $15 million in Q2. It held about 235.1 million GRAM worth $348.5 million, with 232.9 million staked at an annualized gross yield of roughly 16%. The firm also repurchased $5.7 million of shares and supported network upgrades as Telegram rolled out its native Gram Wallet. The company posted a $24 million net loss, including a $27.2 million unrealized loss on its holdings, reversing an $82.8 million gain from the prior quarter. CEO Kevin Wilson highlighted GRAM's integration into Telegram services and the potential of expanded wallet access. Telegram founder Pavel Durov reported over 700,000 self-custodial wallets created in 48 hours. TONX shares rose 2.4% on Tuesday, bringing year-to-date gains near 25%.

CoinShares has renamed its Toncoin Staking ETP to the CoinShares Gram Staking ETP, effective June 15, 2026. The rebrand follows the underlying token's name change from Toncoin (TON) to Gram (GRAM), a name Telegram originally chose in 2018. The fund remains fully backed, with 0% management fees and staking rewards shared with investors. The token rename was approved by holders in a community vote in early June, with 81.22% support. Telegram CEO Pavel Durov highlighted the move as a return to the project's roots. The underlying blockchain is still called The Open Network (TON). Rival issuer 21Shares also rebranded its own Toncoin Staking ETP to Gram on June 16, changing its ticker from TONN to GRAM. Both issuers confirmed no changes to the asset's specifications.

GRAM rose 9% to $1.56 after Telegram expanded access to Money, its non-custodial wallet for token transfers and collectible purchases. The wallet appears in Telegram after a user receives a transfer, allowing them to store and send GRAM, and buy gifts or usernames. Market cap rose to $4.12 billion, with trading volume up 41% to $132.4 million. The expansion follows Telegram founder Pavel Durov's July plans for a native wallet with instant, fee-free transfers. Walt, the wallet's developer, also offers a separate platform supporting over 300 digital assets and trading services. The token was renamed from Toncoin to Gram in June, and U.S. holders face tax rules treating cryptocurrency as property.

Telegram's in-app Wallet product is rebranding to Walt, reflecting its expansion into a broader crypto platform for trading, investing, and multi-chain asset access. CEO Andrew Rogozov said the name no longer fits its evolved role, which includes 300 assets and services like tokenized stocks and gold. The rebrand does not require user action; existing funds and settings remain unchanged. Alongside this, Telegram is introduing a new Gram wallet as a simpler entry point for everyday crypto use, such as buying Gram, sending gifts, and making transfers. Walt will target more advanced users with trading, cross-chain capabilities, and infrastructure to fund Gram wallets. Walt also plans to launch crypto cards and AI-powered trading tools in the future.

Wallet in Telegram has rebranded as Walt, a platform supporting over 300 assets across four blockchains, offering trading, yield products, tokenized assets, and perpetual futures. The rebrand coincides with Telegram's rollout of its separate, self-custodial Gram wallet, which focuses on in-app transactions like payments and transfers. Walt, built by The Open Platform, will coexist with Gram wallet, allowing users to top up their Gram balance directly from Walt. Walt currently supports over 200 crypto assets for trading and over 100 tokenized stocks, ETFs, and metals. Planned features include crypto cards and AI-assisted trading tools, which will launch separately in the future. Telegram founder Pavel Durov first announced the Gram wallet in July, with gradual user access beginning in late August, though no full rollout date has been set.

GRAM rebounded toward $1.40 after Telegram began a phased rollout of its self-custodial Gram Wallet to select users, with trading volume jumping about 137%. CEO Pavel Durov said the wallet, which supports fee-free transfers and Telegram Collectibles, will be gradually released to over a billion users in the coming weeks. The token briefly approached $1.46 before retreating, with immediate resistance near $1.39 and then $1.45. In a separate change, Telegram's existing crypto wallet has been renamed Walt and will no longer be the default. Gram Wallet focuses on everyday payments, while Walt remains for trading and multichain services. The rollout follows the rebranding of Toncoin to Gram in June, which was approved by 81.22% of voters and did not require a token swap. GRAM was trading around $1.40 at press time, up about 2% in 24 hours.

Telegram has split its crypto services, launching a new self-custodial Gram wallet as the default wallet in its app, while rebranding its existing Wallet in Telegram service as Walt. The Gram wallet will handle payments, transfers, and purchases, while Walt will focus on broader crypto services like trading and investing across multiple blockchains, accessible via search but no longer the default. The rollout to Telegram's over one billion users begins gradually, as announced by founder Pavel Durov. The two services remain connected, with Walt enabling multichain deposits into the Gram wallet. Walt now supports over 300 crypto assets, 200+ trading pairs, tokenized stocks, ETFs, and perpetual futures, reflecting its evolution from a simple TON wallet into a full-scale crypto platform, according to CEO Andrew Rogozov.

Telegram has started rolling out its non-custodial Gram Wallet to a select group of users, with plans to expand access to its entire user base over the coming weeks. CEO Pavel Durov announced the development on Monday, stating that validators have approved the smart contract powering the wallet, which means future upgrades will not require users to migrate to new contracts. The company says this is part of a broader effort to make non-custodial wallets more user-friendly. The gradual rollout is expected to significantly enhance user engagement and adoption of decentralized finance among Telegram's large user base.