Cryptocurrency wallet provider SafePal announced a novel integration with the popular messaging app Telegram. This integration, facilitated by TON Connect, a toolset for the Open Network (TON) ecosystem, allows users to seamlessly connect their SafePal wallets to Telegram and its decentralized applications (dApps).
The move represents a significant step towards greater interoperability in the Web3 space. Users of the SafePal mobile wallet can now directly access Telegram and TON dApps, while the browser extension wallet compatibility with TON Connect enables exploring TON dApps within the Telegram interface. This streamlines the user experience by eliminating the need to switch between platforms.
This integration builds upon SafePal’s pioneering role in the TON ecosystem. They were the first hardware wallet to offer TON support, allowing users to store, send, and receive TON’s native assets and even swap them directly within the SafePal wallet suite.
Looking ahead, SafePal has exciting plans in the works. They intend to collaborate with leading TON dApps like StonFi and TONStaker, further enriching the user experience. Additionally, they aim to introduce support for TON NFTs, expanding the wallet’s functionality into the burgeoning NFT market.
For those unfamiliar, Telegram is a widely used, cloud-based, and encrypted messaging platform available across various devices. TON, on the other hand, is a fully functional Layer 1 Proof-of-Stake (PoS) blockchain network with its own consensus mechanism for validating transactions and generating blocks. Both TON and its ecosystem token have seen significant growth over the past year.
SafePal offers a comprehensive suite of hardware and software wallets, catering to both novice and experienced crypto users. Their product range includes mobile wallets, browser extension wallets, and secure cold storage hardware wallets. The platform allows users to buy, sell, trade, and manage their digital assets across multiple blockchains.
In a recent development, SafePal invested in Fiat24, a crypto-friendly platform. This collaboration resulted in the introduction of a crypto-focused Visa card and in-app banking services within the SafePal wallet. These services leverage the USDC stablecoin, allowing users to convert their crypto holdings and store them in USD, EUR, or CHF for everyday transactions.