Walt launches standalone app, expanding services beyond Telegram for the first time
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AT A GLANCE
According to PANews, citing The Block, Walt has launched a standalone App, and the original service within Telegram will continue to be retained.
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Telegram-based trading platform Walt launches standalone app, no longer relying solely on Telegram
PANews November 10 news, according to The Block, the crypto trading platform Walt, renamed from its former name Wallet in Telegram, has launched a standalone app, marking its first time offering services outside of Telegram. Existing users can log in directly with their Telegram accounts, while new users can register via Telegram, Google, or Apple accounts; original services within Telegram remain available. Walt currently offers over 200 cryptocurrencies, more than 100 tokenized US stocks and ETFs, perpetual contracts for cryptocurrencies as well as metals and energy, and wealth management products for assets such as stablecoins, SOL, and ETH. Walt completed its renaming this year on September 28 and launched AI-assisted perpetual contract trading features on October 20.
Reports indicate that the crypto trading platform Walt, rebranded from Wallet in Telegram, has launched a standalone app, offering services outside of Telegram for the first time.
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Existing users can log in with their Telegram account, and new users can sign up via Telegram, Google, or Apple accounts.
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The original services within Telegram continue to be retained.
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The products listed in the report include more than 200 cryptocurrencies, more than 100 tokenized US stocks and ETF, as well as perpetual contracts for cryptocurrencies, metals, and energy.
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The platform also offers wealth management products for assets such as stablecoins, SOL, and ETH.
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The original text states that Walt completed its rebranding on September 28 of this year and launched its AI-assisted perpetual contract trading feature on October 20.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This change is that Walt added an independent app entry point outside of Telegram; it did not shut down the in-Telegram service. Existing users can still log in with their Telegram account, while new users have three registration entry points: Telegram, Google, or Apple accounts.
Why it matters to readers
Users' use of Walt is no longer limited to within Telegram; however, whether the standalone app brings more users or funds, the materials do not provide data.
A distinction should be made between "new usage entry points" and "product safety being verified": This report introduces the App and product scope, but does not specify wealth management returns, transaction fees, or risk protection.
Risks and unknowns
The material is PANews citing a report by The Block, and no independently verified information was provided.
The available regions, download channels, and usage restrictions of the standalone App are not specified.
No data on user growth, trading volume, or fund inflows was provided, making it impossible to assess the impact on market prices.
Undisclosed wealth management product return conditions, perpetual contract trading rules, and related risk protections.
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Related concepts
Tokenized US stocks
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
