Liquid Crypto Exchange First in Line for Telegram’s Gram Tokens

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Crypto exchange Liquid is reported to be in the running for pushing to the front of the queue to host encrypted messaging app Telegram’s Gram tokens.

As yet, cloud-based instant messaging and voice over IP service Telegram has not commented on the report with no official statement due, and warned that the public need to wait to see how the Gram token is distributed.

Following Telegram’s ICO last year which raised USD 1.7 billion for its Telegram Open Network (TON) project gram holder organization, Gram Asia has come forward and offer an undisclosed number of tokens prior to a full sale in October.

“We share the vision for a more secure and open value transfer system in order to enable the mainstream adoption of cryptocurrencies,” Liquid CEO Mike Kayamori commented, adding:

“The TON Blockchain infrastructure can help enhance Telegram’s current capabilities as a peer to peer network of value, with the launch of their cryptocurrency light wallets for Telegram’s highly engaged user base.”

Liquid’s press release claims that Grams will be purchasable in USD and USDC with tokens available for sale to users in selected countries only.

Telegram is well known for its high-end encryption model as well as for being the go-to app for crypto-related community building. Its Russian founder Pavel Durov surprised followers when he declared that he was on a liquid diet, claiming he would come up with “new great ideas for Telegram” which will benefit his millions of followers.

 

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