Crypto wallets are profitable businesses. 

Trust Wallet generates around $42M in revenue every year. 

Exodus Wallet went public last year with over a $1.5B valuation at listing. Now, we're on the verge of seeing a couple of interesting crypto wallet-based tokens launch, starting today — $PARTI from @ParticleNtwrk will go live, followed by @defidotapp and @infinex_app token launches at later stages.

Particle has made around $4M in revenue since its launch, with recent revenue spikes being crazy. DeFi app has done around $1.6B in trading volume in less than 2 months, and Infinex raised over $67M in an ICO. 

Overall, I believe there is great scope for speculative premium on these wallet tokens if they have direct value capture for token holders, such as rev share or token buyback and burn from revenue. 

Some of these next-gen wallets have the potential to reach above $1B in a few years, similar to what we’ve seen with Trust Wallet and Exodus in the past.