EXCLUSIVE: Hardware wallets aren’t just for storage anymore. Switzerland-based Tangem just doubled revenue to $60M+, a 102% YoY growth. The driver? Not just hardware sales — but users actually using their wallets. Tangem says users no longer want to choose between: Security 🔒 Utility ⚡ They want both. And that’s fueling a massive corporate shift as wallets evolve into full financial apps. Tangem has bet big on this trend so far. The result: • $61.3M revenue • +102% YoY growth • +50% jump in active users DeFi access, yield, payments… all from self-custody. Users want cold storage security, without being cut off from DeFi. "Historically, the cold storage market has been cyclical — driven largely by market panic and black swan events — but we broke that cycle by turning passive into active daily finance," Tangem's CEO and co-founder Andrey Kurennykh, told @TheBlockCo Is “Hybrid custody” the crypto wallet trend?