Alchemy Pay has plugged its fiat-to-crypto and crypto-to-fiat rails directly into Walt, the Telegram-based digital-asset platform, letting users in 173 countries buy and sell supported cryptocurrencies without leaving the app. What’s new - The integration—announced November 3—connects Alchemy Pay’s payment infrastructure to Walt (backed by The Open Platform), enabling in-app purchases and conversions using Visa, Mastercard, mobile wallets and local bank transfers depending on the user’s market. - Alchemy Pay says it supports more than 50 fiat currencies and over 300 payment channels (local and international), and it handles both on-ramps (fiat → crypto) and off-ramps (crypto → fiat). Why it matters - Walt users can now acquire cryptocurrencies directly via familiar payment methods instead of buying on a separate exchange and transferring assets in. That smooths the entry and exit process for casual users and traders alike and extends fiat access to Telegram’s large audience. About Walt - Previously known as Wallet in Telegram, the app rebranded to Walt on September 28, 2026, after expanding beyond Bitcoin and Toncoin to support a multi-asset platform. - Walt supports more than 300 cryptocurrencies across four blockchains, offers trading for over 200 assets, and provides services including yield products, tokenized stocks, ETFs, precious metals and perpetual futures. - Founder and CEO Andrew Rogozov has signaled upcoming products such as crypto cards and AI-powered tools. AI trading and other recent product launches - On October 20, Walt launched AI trading for perpetual futures, letting users interact with trading functions via AI assistants (including ChatGPT, Claude and Mira). The company says these connected agents can analyze markets, review positions and execute trades per user instructions. - The AI feature builds on Walt’s earlier product expansions: perpetual futures trading via Lighter (April), and an on-chain yield account for Bitcoin, Ethereum and USDT (February). Custodial vs non-custodial, access and migration - Telegram’s own non-custodial wallet—now called Money—is developed by Telegram and keeps users in control of their private keys. Walt, by contrast, is a custodial platform that manages users’ keys on their behalf. - Walt is available through the @walt Telegram account; the former @wallet address still redirects to the service. Existing users retained balances, histories and wallet addresses after the rebrand and did not need to re-verify accounts. The two wallet services can operate side-by-side, with Walt offering a way to add funds to Telegram’s native wallet. Alchemy Pay’s track record and compliance - This Walt deal follows Alchemy Pay’s September 2024 rollout of crypto payment services on The Open Network (Telegram’s associated blockchain). Prior partnerships include a March 2025 integration with Ledger Live to let users buy and sell crypto inside Ledger’s desktop and mobile apps. - In September 2025 Alchemy Pay launched a tokenized investment product with xStocks, offering access to more than 60 tokenized U.S. stocks and ETFs with fractional purchases from $1 via bank transfers, credit cards and mobile payments. - On the regulatory side, Alchemy Pay says it holds 19 U.S. Money Transmitter Licenses plus licenses and registrations across Southeast Asia, South Korea, Europe and the U.K. Bottom line The Alchemy Pay–Walt integration removes a notable friction point for Telegram users by bringing fiat rails into a widely used messaging-based crypto platform. Combined with Walt’s expanding product suite—now including AI-enabled trading and tokenized assets—the move further blurs the line between messaging apps and full-featured crypto brokerages, and could accelerate on-ramps for mainstream users. Read more AI-generated news on: https://app.chaingpt.org/news