CoinDesk
Walt, the crypto platform formerly known as Wallet in Telegram, is launching a standalone app that lets users sign up without a Telegram account. The app will offer crypto trading, tokenized U.S. stocks and ETFs, yield products, and perpetual futures tied to crypto, metals and energy, expanding on products already available through Walt's Telegram bot.
Why it matters
Walt says it has built tens of millions of registered accounts through Telegram, but it has not disclosed monthly active users, trading volumes or customer assets. Moving outside the messaging app removes a major barrier to adoption and lets Walt target users who want broader investment tools than Telegram's basic crypto transfers.
The platform's expansion into tokenized securities and perpetual futures positions it at the intersection of crypto trading, real-world assets and on-chain payments. Walt says the standalone version will receive new trading tools and asset classes first, while crypto payment cards are planned for a later date. Existing users will be able to use both versions through the same account, with investment-product availability varying by region.
Market impact
The launch shifts Walt from a Telegram-native wallet into a standalone financial platform. Its established user base and product suite could support broader distribution, although the absence of active-user, volume and asset data makes the strength of customer engagement difficult to assess.
For crypto markets, Walt's expansion adds another distribution channel for trading and tokenized assets. The platform's ability to attract users beyond Telegram will be the key test of whether its registered-account base can translate into sustained activity and deeper adoption of crypto-linked investment products.
Frequently asked questions
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What changes with Walt's standalone app?
Users can sign up through Google or Apple without a Telegram account. The app retains access to trading, tokenized securities, yield products and perpetual futures.
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What financial products will Walt offer outside Telegram?
Walt plans to offer crypto trading, tokenized U.S. stocks and ETFs, yield products, and perpetual futures tied to crypto, metals and energy.
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How large is Walt's existing user base?
Walt says it has tens of millions of registered users. It has not disclosed monthly active users, trading volumes or customer assets.
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Will existing Walt users need a separate account?
No. Existing users can access both the Telegram and standalone versions through the same account, although some investment products vary by region.
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What comes after Walt's standalone launch?
Walt plans to prioritize new trading tools and asset classes in the standalone app. Crypto payment cards are planned for a later date.
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