IoTrust surpasses KRW 10 billion in sales this year… more than double year-on-year growth

Bloomingbit Newsroom

Summary

  • IoTrust said it achieved record-high results by recording cumulative sales of KRW 10 billion this year.
  • More than 70% of total sales were overseas sales, strengthening the D'CENT wallet's position in global markets such as North America.
  • It said that with increased sales of hardware wallets and the year-end peak season effect, next year's sales are expected to grow about threefold.
photo=IoTrust
photo=IoTrust

Digital asset wallet specialist IoTrust said on the 15th that it recorded its largest-ever results and continues a steep growth trend, powered by the global success of the D'CENT wallet.

IoTrust recorded cumulative sales of KRW 10 billion from January to October this year. This is more than double the same period last year, demonstrating solid growth fundamentals despite volatility in the virtual asset (cryptocurrency) market.

The core driver of these results is 'establishment in the global market.' Overseas sales accounted for over 70% of total sales, and, centered on North America, it has established itself as the cold wallet brand most trusted by users worldwide. In particular, with the growth of the global web3 market and a surge in demand for personal security, sales of the D'CENT wallet rose evenly across all regions.

IoTrust expects this growth trend to accelerate further. As of November, cumulative sales from the hardware-only segment have already exceeded KRW 10 billion, and if the year-end peak season effect is added, total sales for 2025 are expected to reach about three times those of the previous year.

An IoTrust official said, "D'CENT already has security and usability proven in the global market," and, "Next year, we will more aggressively expand our global market share using a broader lineup of hardware wallets and strengthened platform competitiveness."

Bloomingbit Newsroom

Bloomingbit Newsroom

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