Dynamic has introduced embedded wallet infrastructure for The Open Network (TON), enabling developers to automatically deploy TON wallets within Telegram Mini Apps without building their own systems.
According to an announcement shared with Cointelegraph, the integration removes a major technical barrier for TON-based development. Previously, launching financial applications required developers to handle wallet creation, smart contract management and transaction processing themselves.
With the new setup, developers can programmatically create and manage user wallets, making it easier to integrate payments, trading and other financial features directly into Telegram apps.
Dynamic, which was acquired by Fireblocks in October, now leverages Fireblocks’ custody and compliance infrastructure. This allows wallet deployment, transaction management and asset security to be handled within a single unified stack, reducing reliance on multiple service providers.
The rollout is aimed at Telegram Mini Apps, giving developers access to a user base of over 1 billion people. Meanwhile, TON reports more than 51 million active wallets and over $500 million in on-chain stablecoins.
The launch also comes amid regulatory scrutiny. In the Philippines, Telegram recently avoided a potential ban after agreeing to improve cooperation with authorities and strengthen enforcement against illegal content.
Financially, Telegram reported $870 million in revenue in the first half of 2025, with about $300 million linked to exclusivity deals involving Toncoin, the network’s native token.
Push toward integrated finance apps
The move reflects a broader shift among major platforms toward “everything apps” that combine messaging, payments and commerce.
Within Telegram, the TON ecosystem has been expanding its in-app financial tools. In February, it introduced TON Pay, a payments SDK that allows merchants and Mini App developers to accept crypto without managing wallets or checkout systems.
That same month, Telegram also added vault features to its TON Wallet, enabling users to store, send and earn yield on assets like Bitcoin, Ether and USDT directly within the chat interface.
