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May 29, 2025, 4:52 a.m.
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Tangem Secures Third U.S. Patent for Blockchain-Enabled Smart Ring Entering Wearable Finance Market

Brief news summary

Tangem, a Swiss crypto hardware wallet company based in Zug, has secured its third U.S. patent for a blockchain-enabled smart ring, marking its entry into wearable finance. The smart ring securely stores cryptocurrency private keys on an internal chip, enabling users to authorize blockchain transactions by simply tapping the ring near a smartphone, combining security with convenience. Tangem is also developing contactless crypto payment features that offer ease of use alongside secure self-custody. CEO Andrey Kurennykh highlighted that this patent strengthens the company’s security framework and supports safer access to decentralized finance. Previously, Tangem patented a private key backup system and a crypto payment card that merges self-custody with everyday usability. With the wearable payments and digital identity market rapidly growing, Tangem plans to expand through licensing, embedded finance partnerships, and direct sales. Serving clients in over 220 countries, Tangem continues to grow its intellectual property portfolio, driving innovation in crypto custody, payments, and digital identity solutions.

Zug, Switzerland, May 28th, 2025 – Tangem, a Swiss manufacturer of crypto hardware wallets, has announced it has secured its third U. S. patent (No. 12307443) for a blockchain-enabled smart ring, officially marking the company’s entry into the rapidly expanding wearable finance market. The patented smart ring allows users to securely store cryptocurrency keys and sign blockchain transactions simply by bringing the ring close to a smartphone. Featuring a secure chip that performs cryptographic signing internally, the device ensures private keys remain protected and never exposed—an essential security aspect confirmed through the patent process. Tangem is also developing contactless crypto payment features directly from the ring, aiming to combine ease of use with self-custody in a wearable format. “This patent validates our secure architecture and positions Tangem as a leader in wearable finance, ” said CEO Andrey Kurennykh.

“We are building a platform to make decentralized finance more accessible without sacrificing security or user control. ” This is Tangem’s third U. S. patent in 2025, with earlier patents covering a private key backup system and a crypto payment card that integrates secure self-custody with everyday transactions. Tangem’s growth arrives amid the smart ring market’s continued double-digit CAGR, fueled by consumer interest in wearable payment and identity solutions. The company anticipates substantial opportunities in licensing, embedded finance partnerships, and direct-to-consumer sales. “The Tangem Ring embodies a long-term vision of merging cryptographic integrity with practical daily usability, ” Kurennykh added. About Tangem Tangem creates self-custodial crypto wallets, including the Tangem Wallet Card and the Tangem Ring. Headquartered in Zug, Switzerland, the company serves users across more than 220 countries and is actively expanding its IP portfolio to drive innovation in crypto custody, payments, and digital identity. Contact PR & Communication Daria Bys TANGEM [email protected]


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