Pavel Durov and Telegram's Strategy for Mainstream Crypto Adoption

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Source: CryptoNewsNet Original Title: Most Influential: Pavel Durov Original Link: As CEO of billion-user messaging app Telegram, Pavel Durov may stand as the most pivotal figure in bona fide mass adoption of cryptocurrency for many observers.

By embedding the wallet for the TON blockchain into its popular messaging app, Telegram aims to remove some of the most cumbersome elements of interacting with crypto, such as remembering seed phrases and registering on an exchange. In short, Durov wants to make Telegram the biggest mass-market crypto on-ramp, offering digital asset services through an interface that’s as simple as sending a message.

In 2025, Telegram garnered attention from no less a prospective investor than the world’s largest asset manager, BlackRock. Telegram raised $1.7 billion via convertible bonds in a tender offer, which closed in late May, that drew the interest of investors including BlackRock, Abu Dhabi’s sovereign wealth fund Mubadala and hedge fund Citadel.

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