In a Challenging Q1 for Crypto, CoinZoom Hits Record Deposits and Trading Revenue
Salt Lake City, Utah, April 16th, 2026, Chainwire
Platform deposits up 308%, spending on the CoinZoom Visa debit card up 300% since October 2025.
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 2026, 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.
“The numbers from Q1 reflect what we’ve been building toward,” said Todd Crosland, CoinZoom CEO. “Deposits, trading revenue, and total revenue all at record levels in the same month is a meaningful milestone for us. What’s equally encouraging is the shift in how new users are finding CoinZoom — when half of new sign-ups come through referrals, that indicates something real 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 spending. The company launched its Visa crypto debit card in 2020 in the U.S. 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 2026. Users of the debit card are utilizing cryptocurrency for a wide range of transactions, including 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 2026 — 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 Crosland. “The momentum of stablecoins, agentic AI payments and “super-apps” are very exciting for further growth in 2026”.
About CoinZoom
CoinZoom is a US-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 the US. 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 CoinZoom 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 a SOC2 Type II 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 PTY LTD is registered as a Digital Currency Exchange with AUSTRAC.