The Good Tech Companies - In a Challenging Q1 For Crypto, CoinZoom Hits Record Deposits And Trading Revenue
Episode Date: April 17, 2026This story was originally published on HackerNoon at: https://hackernoon.com/in-a-challenging-q1-for-crypto-coinzoom-hits-record-deposits-and-trading-revenue. Platform d...eposits up 308%, spending on the CoinZoom Visa debit card up 300% since October 2025. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #fintech, #chainwire, #press-release, #visa-card, #crypto-card, #crypto-debit-card, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.
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In a challenging Q1 for crypto, CoinZoom hits record deposits and trading revenue. By Chainwire.
Salt Lake City, Utah, April 16, 2026, Chainwire, CoinZoom. A U.S.-based fintech platform reported today
that Q1 2026 set company records for trading revenue, total revenue, and platform deposits.
With a subdued trading market across major exchanges, CoinZoom has stood.
out by maintaining growth across its business. Platform deposits grew 308% between October
2025 and March 26, reaching an all-time high. Spending on the CoinZoom Visa debit card increased
300% over the same period. Trading revenue and total revenue each reached their highest recorded
levels in March. Greater than, the numbers from Q1 reflect what we've been building toward,
said Todd, Crossland, CoinZoM CEO. Deposits, trading revenue, and
total revenue all at greater than record levels in the same month is a meaningful milestone for us.
What's greater than equally encouraging is the shift in how new users are finding CoinZoom.
When greater than half of new signups come through referrals, that indicates something
real greater than about how the platform is landing with existing users.
With the growth of stablecoin volume alongside a rush of new stablecoin debit cards following
the Genius Act, market innovation is now coming to the forefront.
CoinZoom was one of the pioneers in stablecoin and crypto-span.
The company launched its Visa crypto debit card in 2020 in the US and took IT Global in
2024, offering free crypto rewards on spending in over 150 countries.
The debit card program has experienced significant growth, with its user base increasing by 87%
in 2025.
Total card spending rose fourfold year on year through February 26.
Users of the debit card are utilizing cryptocurrency for a wide range of transactions, including
purchasing purchases such as airline tickets, school tuition, and everyday expenses like groceries.
Referral sign-ups increased from approximately 9% of new users in October 2025 to 50% in March
26. A shift that shows true adoption, rapid organic growth, and habitual use of the platform's
services. We're entering Q2 with some strong tailwinds. The foundation of the business is solid,
and we're focused on continued growth and innovation, added Crossland. The momentum of stable
coins, agentic AI payments and super apps are very exciting for further growth in 2026.
About CoinZoM, CoinZoom is a U.S.-based financial platform enabling anyone to send, spend,
save and invest without barriers.
To support the benefits of blockchain technology, CoinZoom offers flexible funding options
including Apple and Google Pay, debit and credit cards, and instant cash deposits at multiple
retail locations in Theus.
Its unique international peer-to-peer payment system, ZoomMe.
is part of its cash to crypto ecosystem for its customers in 169 countries, allowing them to
deposit and send cash or crypto, around the globe instantly for free, saving millions of dollars
in remittance fees. The CoinZo crypto debit card provides flexibility in spending by allowing
users to spend in USD or crypto at over 175M merchants globally while earning up to 5% back
in crypto on each purchase. The CoinZoom platform was built with a multi-layered security approach,
and the team's decades of experience in financial technology security are equally important
in safeguarding customer funds and personal information.
CoinZoom is a U.S. registered money services business with FinCEN and holds ASAC2 type 2 certification,
which is highly regarded as the most rigorous test for the trustworthiness of a company's processes,
best practices and diligence around securing customer data.
CoinZoom is also a U.S. registered money transmitter, available for trading in 46 states and has
subsidiaries in Australia and Ireland.
CoinZoom Australia P-T-Y-L-T-D is registered as a digital currency exchange with a USTRAC.
Contact PR and communications Adrian Blackycoinzoom's dot marketing at Coinsome.com.
This story was published as a press release by Chainwire under Hackernoon Business
Blogging Program disclaimer.
This article is for informational purposes only and does not constitute investment advice.
Cryptocurrencies are speculative, complex, and involve high risks.
This can mean high prices, volatility and potential loss of your initial investment.
You should consider your financial situation, investment purposes, and consult with a financial
advisor before making any investment decisions. The Hacker Noon editorial team has only verified the
story for grammatical accuracy and does not endorse or guarantee the accuracy, reliability,
or completeness of the information stated in this article.
Hashtag D-YOR thank you for listening to this Hacker Noon story, read by artificial intelligence.
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