Cryptocurrency hardware wallet provider Tangem announced a 102% year-over-year revenue increase in 2025, reaching $61.3 million. The company attributed this growth to a shift from hardware sales to increased in-app usage, with monthly active users rising by 50% over the same period. Tangem's strategic focus is now on promoting "Active Self-Custody" and enhancing access to decentralized finance (DeFi) to cater to the rising demand for hybrid custody solutions.