Wire · market
Crypto Wallet Revenue Falls $700M in H1 2026
◆ Sectors
◆ Source
◆ Verified
Fusion42 · 8 November 2026 · Fusion42 review
Crypto wallet businesses saw revenue drop from approximately $1.1 billion in H1 2025 to about $400 million in H1 2026 due to reduced trading activity and volatile cryptocurrency prices. However, growth in crypto gambling and gaming revenue partially offset the decline in wallet revenue, cushioning the broader consumer crypto sector's revenue, which fell 11% year-over-year.
This Wire brief sits within Fusion42's coverage of Crypto & Web3 and Fintech.
◆ ◆ The Wire takeaway
Crypto wallet providers face urgent pressure as falling trading activity slashes fee income, making revenue growth reliant on higher user engagement rather than user count. You need to pivot away from solely expanding wallet addresses and instead drive services that generate fees or look to niche areas like gaming to stabilise income.
◆ Coverage
1 source · 8 Nov 2026
◆ Related on Wire
◆ Topics