Binance swaps TON to Gram at 1:1 ratio, opens GRAM trading July 2

Binance will convert all TON tokens to Gram at a 1:1 ratio, delist existing trading pairs by June 30 and open GRAM spot markets on July 2.

"The community has spoken clearly — 81.22% voted to return to the Gram name, honoring the project's original vision," Pavel Durov, CEO of Telegram, said.

The ticker migration follows a community vote where 81.22% of participants backed the rebranding, reverting to the name first introduced during the project's inception by the Telegram team. The Open Network's native token was originally called Gram before regulatory challenges forced Telegram to dissociate from the project in 2020, after which the TON Foundation rebranded it to Toncoin. With prior legal disputes resolved — including $1.2 billion in restitution to investors — the foundation sees the rebranding as a chance to unify brand identity.

The transition is automatic for holders, with no action required. Binance will mark the token as "Gram (prev. Toncoin)" over the next three months to minimize confusion, with a complete transition by June 22, 2026. The gaming ecosystem within Telegram mini-apps will see minimal impact, as in-game balances and functionalities continue undisturbed.

The Open Network's rebranding from Toncoin to Gram became effective at 8:00 PM UTC on June 15, 2026, according to the TON Foundation. The ticker change from TON to GRAM consolidates brand identity by returning to the original name introduced by Telegram's founding team.

Major exchanges have prepared for the transition. Binance will remove all existing TON trading pairs by June 30 and resume trading under the new GRAM ticker on July 2. Other exchanges have outlined similar transition plans adhering to the 1:1 exchange protocol.

For token holders, balances will update automatically to reflect the new GRAM denomination. Tax implications may vary by jurisdiction, though rebranding without a token swap generally does not trigger tax events.

This article is for informational purposes only and does not constitute investment advice.