Rumble Taps MoonPay for Its New Crypto Wallet Ahead of Q3 Launch 🚀
Rumble, the free-speech–focused video platform, has officially confirmed a partnership with MoonPay to power the fiat-to-crypto (and vice versa) functionality of its upcoming Rumble Wallet. The wallet is expected to launch in the third quarter of 2025 .
🔗 Partnership Breakdown
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MoonPay, the Miami-based fintech unicorn valued at approximately $3.4 billion in 2024 and active in over 160 countries, will be the exclusive on‑ and off‑ramp provider for Rumble Wallet.
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Users will be able to buy, sell, swap, and hold cryptocurrencies directly within Rumble's platform.
🎯 Strategic Vision
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Chris Pavlovski, Rumble’s CEO, described the initiative as “building freedom,” emphasizing the goal to shift creator monetization from traditional advertisers to direct crypto-based payments.
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The wallet is non‑custodial, meaning users retain control of their private keys—a self‑custody model aligned with crypto-native values.
💰 Crypto & Asset Support
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Initially supporting Bitcoin (BTC) and Tether's USDT, Rumble is also exploring future compatibility with Tether Gold (XAUT).
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Rumble has already acquired approximately 210 BTC (~$22 million at current prices) and received a significant $775 million investment from Tether in December 2024.
📊 Q1 2025 Financials & Growth
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Q1 revenue was $23.7 million, up 34% year-over-year (from $17.7 million), beating estimates by 2%.
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Net loss narrowed significantly to $2.7 million (versus $43 million a year earlier), with a GAAP loss of just $0.01 per share.
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The platform reported 59 million monthly active users—down from 68 million in Q4 2024.
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Rumble's stock (RUM) closed at $7.78 in after-hours trading, up 2.4% that day, though it remains down ~40% year-to-date.
🌐 Market Context & Implications
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The non-custodial mobile wallet space saw massive adoption, exceeding 36 million users by Q4 2024.
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Rumble is aiming to directly challenge incumbents like Coinbase Wallet, MetaMask, PayPal, and Robinhood.
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By integrating crypto tools, Rumble hopes to empower creators—especially those in international markets—with alternative monetization paths.
🚧 Challenges Ahead
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User Education – Ensuring creators understand self-custody responsibilities.
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Platform Trust – Building confidence in MoonPay and Rumble’s infrastructure.
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Competitive Pressure – Standing out in a crowded crypto wallet market.
Rumble’s Q3 launch of a non-custodial crypto wallet, powered by MoonPay, marks a significant evolution toward blockchain-integrated content monetization. With backing from Tether and substantial Bitcoin reserves, Rumble is positioning itself at the forefront of Web3-enabled creator economies—though usability, trust, and differentiation will be key to its success.
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