Developers of Telegram’s Crypto Wallet Launch Agentic Wallets – Crypto News – Crypto News
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Developers of Telegram's Crypto Wallet Launch Agentic Wallets Developers of Telegram's Crypto Wallet Launch Agentic Wallets

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Developers of Telegram’s Crypto Wallet Launch Agentic Wallets – Crypto News

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3 months ago

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The open-source standard, developed by The Open Platform, lets AI agents manage dedicated on-chain wallets without requiring user sign-off on every transaction

TON Tech, the infrastructure arm of The Open Platform (TOP), has introduced Agentic Wallets on TON — an open-source, non-custodial standard that gives AI agents the ability to hold and spend funds on the TON blockchain autonomously.

Per a press release shared with The Defiant, under the new system, users fund a dedicated wallet for each agent, set a spending budget, and retain the ability to revoke access at any time. The agent operates within those parameters independently, with no intermediary involved.

Telegram designated TON as the sole blockchain infrastructure for its mini-app platform earlier last year, giving TON exclusive access to a user base now exceeding one billion.

As a major developer of apps and tools for Telegram, TOP is positioned as a key infrastructure player in that ecosystem. The company reached a $1 billion valuation after raising $28.5 million led by Ribbit Capital and is the developer of Telegram’s Crypto Wallet — the official custodial wallet app embedded in the messaging platform. As The Defiant reported previously, Crypto Wallet recently expanded to offer perpetual futures trading across more than 50 assets, via an integration with Lighter.

For developers, Agentic Wallets are designed to support trading bots with predefined budgets, DeFi agents automating staking or portfolio management, and subscription payment automation, per the release.

“Agentic Wallets turn AI agents from assistants to actors,” said Andrew Grekov, Head of TON Tech, continuing:

“Agents on Telegram can not only communicate, but transact — making payments and interacting with on-chain services on behalf of users, without ever touching their keys.”

The launch arrives as the broader industry races to build financial rails for autonomous agents. Biconomy and the Ethereum Foundation recently unveiled ERC-8211, an execution standard for on-chain AI agents designed to let them carry out complex, multi-step DeFi strategies without pre-encoding every parameter at signing time.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

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