TON Strategy earns $13.1 million from GRAM staking in Q3 as Telegram rolls out native wallet

TON Strategy reported $13.1M in Q3 revenue, mostly from GRAM staking, and a $24M net loss as Telegram rolled out its native Gram Wallet.
Key Takeaways
- TON Strategy reported $13.1M in Q3 revenue, mostly from GRAM staking, and a $24M net loss as Telegram rolled out its native Gram Wallet.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi

Bitcoin Price Crashes to $72,787 After Hotter-Than-Expected CPI
Bitcoin fell below $73,000 on Tuesday after hotter-than-expected October inflation data showed consumer prices rising 0.4%. Bitcoin Slides as Inflation Data Sparks Market Volatility Bitcoin price fell below $73,000 on Tuesday following the release of…

Solana's Jupiter Expands Beyond Trading With Token Baskets, Yield Vaults and New Portfolio
The trading platform, which says it has routed more than $1.3 trillion in trades, is launching four products ahead of Solana Breakpoint.

Re Protocol Tops $400M in Deposits as Onchain Reinsurance Yield Attracts Capital
Re Protocol says deposits across its reUSD and reUSDe products have exceeded $400 million, putting a relatively unfamiliar type of real-world asset exposure into the spotlight: insurance and reinsurance. Its November 4 announcement says the latest…