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Telegram launches Agentic Wallet, empowering AI to autonomously manage funds
Crypto news, Telegram’s encrypted wallet developer has launched the Agentic Wallet, which is an open-source, non-custodial standard that empowers AI agents to autonomously hold and spend funds on the TON blockchain. Users can provide dedicated wallets for each agent’s funds, set spending budgets, and revoke access at any time. Telegram uses TON as the sole blockchain infrastructure for its mini-application platform, which currently has over one billion users. As the main developer of Telegram applications and tools, TOP plays a key infrastructural role in this ecosystem. The company was valued at $1 billion after a $28.5 million funding round led by Ribbit Capital. The Agentic Wallet aims to support trading bots with predefined budgets, DeFi agents for automated staking or portfolio management, and subscription payment automation. Andrew Grekov, head of TON Tech, stated that the Agentic Wallet will transform AI agents from assistants into actors.