Tangem Report: 66% of Crypto Users Support Self-Custody, But Only 15% Actually Use Cold Wallets

According to Tangem and Protocol Theory, on July 1, an independent research report found that 66% of surveyed cryptocurrency users consider self-custody important, yet only 15% currently use cold wallets. The study, based on responses from over 3,100 U.S. crypto users, reveals a significant adoption gap as hardware wallets evolve beyond secure storage into operational tools for active asset management.

Tangem reported 2025 revenue of $61.3 million, up 102% year-over-year, with monthly active users increasing 50%, driven by growing demand for self-custody products that enable on-chain participation, payments, and decentralized finance access without transferring asset ownership to third parties.