WalletConnect TON Expansion Expands Institutional Access

WalletConnect has launched a new phase of connectivity with TON, expanding institutional access and onchain usability across the fast-growing Layer-1 network.

What does the WalletConnect TON integration include?

On November 20th, 2025, in Buenos Aires, WalletConnect announced a full technical integration with TON (The Open Network), positioning itself as a key connectivity layer for the financial internet. The move connects one of the fastest-growing Layer-1 blockchains to hundreds of wallets and unlocks institutional-grade access to TON-based DeFi.

This integration allows users to access TON dApps directly from WalletConnect-compatible wallets that previously had no native support. As a result, millions of additional users gain entry to TON applications, while network liquidity and accessibility are expected to rise significantly.

“WalletConnect’s mission is to make onchain access seamless, secure, and universal,” said Jess Houlgrave, CEO of WalletConnect.

“Integrating TON brings one of the most dynamic and rapidly expanding ecosystems in crypto to our global network. It bridges users, wallets, and institutions under a single open standard and marks a major step toward true interoperability and the next phase of onchain adoption.”

Which partners are first to support the integration?

At launch, Fireblocks and SafePal are among the first platforms to leverage the connection, combining retail and institutional access to the TON ecosystem. This early support underscores how custody providers and consumer wallets are converging around TON’s growing user base.

Through Fireblocks’ 2,400+ institutional clients, users can now interact securely with TON DeFi, including liquid staking, liquidity pools, and other onchain products.

Moreover, this is the first time compliant, institutional-grade access to TON DeFi has been enabled at scale, marking a turning point for professional investors.

Ezra Solomon, Head of Blockchain and Staking Strategy at Fireblocks, commented,

“Institutional demand for exposure to TON has grown rapidly, and WalletConnect’s integration makes it easier than ever for our clients to access it securely. We’re excited to open the door to this next phase of institutional participation in the TON ecosystem.”

How does the integration strengthen the TON DeFi landscape?

Glenn Brown, Vice President of Business Development at TON Foundation, described the collaboration as a defining milestone. “By connecting through WalletConnect, we’re making it easier than ever for users, wallets, and institutions to access TON’s fast-growing ecosystem. As activity and liquidity continue to surge, this collaboration strengthens TON’s position as the blockchain powering the next generation of apps built for Telegram’s global audience.”

TON currently supports a stablecoin market cap of approximately $850 million, with almost $5 million in daily DEX volume and $45 million traded weekly. That liquidity base continues to expand as new applications and users enter the network, highlighting the role of DeFi as a core growth driver.

Native DEX platforms such as STON.fi, DeDust, and TONCO are responsible for a large share of activity as the ecosystem matures. However, the new connection with WalletConnect is expected to funnel additional users and capital to these venues by simplifying access through both institutional custodians and retail wallets.

How fast is the TON ecosystem growing in 2025?

TON has seen notable momentum in 2025, with daily active addresses increasing by over 3,000%. This surge has been powered largely by Telegram’s 1 billion-strong user base and the viral adoption of TON-based mini-apps, which lower the barrier to entry for everyday users.

WalletConnect’s integration adds a seamless pathway for these Telegram users to connect through hundreds of compatible wallets. That said, the impact is not limited to retail users; by extending access across multiple platforms, the integration is also designed to intensify liquidity inflows and deepen the broader TON ecosystem.

Veronica Wong, CEO of SafePal, noted, “With TON’s massive user base through Telegram, this integration gives millions of new users instant access to the onchain economy from the wallets they already trust. SafePal has always focused on breaking down barriers to entry for everyday users in the most secure and trustworthy way – connecting to TON through WalletConnect extends that mission.”

How does this fit into WalletConnect Network expansion?

The TON integration reflects the continued expansion of the WalletConnect Network. WalletConnect already supports Bitcoin, Ethereum Mainnet, multiple EVM chains, Solana, and Bitcoin, acting as an interoperability layer for a wide swath of Web3 infrastructure. With TON added, the platform strengthens its role as a multi-chain connector for both traditional and crypto-native participants.

The integration is also expected to further boost activity on WalletConnect. The network has already surpassed 365M+ connections across 76K+ applications and 700+ wallets. Moreover, the addition of TON’s Telegram-linked user base may significantly amplify these numbers over time, especially as more dApps and services come online.

WalletConnect, founded in 2018, provides encrypted connectivity between wallets and applications across ecosystems like Ethereum, Solana, Bitcoin, and more.

It serves traditional enterprises, custodians, institutions, as well as onchain applications and wallets, positioning itself as critical infrastructure for the emerging financial internet. More details are available on the official WalletConnect website.

What is TON Foundation’s role in the ecosystem?

TON Foundation is a non-profit organisation dedicated to accelerating the growth of the TON ecosystem by supporting developers, creators, and businesses building on the TON Blockchain. Founded in Switzerland in 2023, the Foundation unites global expertise to advance protocol development and foster long-term ecosystem expansion.

Through grants, technical resources, and strategic partnerships, the Foundation aims to drive adoption while preserving the network’s decentralised character. While it advocates for TON’s mission, it does not control the network.

Instead, TON remains fully open-source, community-driven, and free from central authority. For more on its initiatives, users can visit the official TON Foundation portal.

Why does the WalletConnect TON collaboration matter for Web3?

The collaboration between WalletConnect and TON represents a strategic bridge between institutional capital, retail users, and a rapidly expanding Telegram-native blockchain ecosystem.

By enabling secure access to TON DeFi through custodians like Fireblocks and consumer wallets such as SafePal, the integration removes critical frictions that have previously slowed institutional and mainstream entry.

Ultimately, the initiative positions TON as a key Layer-1 for Telegram-scale adoption, while reinforcing WalletConnect’s role as a universal connectivity layer. As user numbers, liquidity, and application diversity continue to grow, this integration could become a cornerstone of the next wave of onchain finance.