Telegram Open Network tokens will finally be available to retail investors

Telegram, one of the fastest growing messaging apps in the world, will for the first time make its Gram token available to retail investors through Liquid exchange.

Gram, the native cryptocurrency of messaging giant Telegram, will finally be available to retail investors.

Liquid hasn't struck a deal directly with Telegram.

The exchange will instead list an unspecified number of tokens that are currently held by Gram Asia, a South Korea-based organization that holds a significant amount of the tokens.

Telegram itself has been quiet, failing to issue any official comments on the matter.

Telegram testing out the waters before the big sale.

Telegram seems to have been working on this for quite some time, with Kayamori saying that a public sale "Was always planned" for the window between the testnet launch and the full mainnet launch.

"Telegram already has an ecosystem, developers and early token buyers and TON ventures, there are already communities being built up. Based on discussions within these communities, Gram Asia has put its best step forward to do this public sale," Kayamori explained.

Participants in the July sale will be buying tokens from Gram Asia through Liquid, which will then be held in USDC until their release in October.

Despite these setbacks, Kayamori expects significant demand, adding that there is potential to add more tokens if the allocation sells out.