According to a recent LinkedIn post from The Open Platform, Wallet in Telegram has introduced support for Bitcoin and Ethereum on the TON network via TON Wallet. The post indicates that these assets are available as bridged wrapped tokens, with Ethereum provided as wETH and Bitcoin via cbBTC, each reportedly backed 1:1 by their underlying coins.
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The post suggests that users can now hold, transfer, and interact with wrapped BTC and ETH directly within Telegram, enabling participation in smart contracts and decentralized applications on TON. This integration may enhance TON’s attractiveness as an ecosystem for payments and decentralized finance, potentially increasing transaction volumes, user engagement, and developer activity around The Open Platform’s infrastructure.
For investors, the move appears to position TON more competitively against multi-chain DeFi platforms by improving interoperability with the broader crypto market. If user adoption of wrapped BTC and ETH within Telegram gains traction, it could support higher network utility, potentially strengthening The Open Platform’s strategic relevance in the messaging-based Web3 and digital payments space.