Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year.
He said:
“Rumble Wallet, in partnership with Tether, will directly compete with Coinbase. Our goal is to become the most prominent non-custodial bitcoin and stablecoin wallet, powering the creator economy..”
According to available information, the Rumble wallet will focus on peer-to-peer crypto transactions, allowing fans to support content creators through direct payments such as tips, subscriptions, and other income streams.
While the purchase amount wasn’t made public, Pavlovski suggested it marks the beginning of a longer-term crypto investment strategy.
Despite these moves, Rumble’s stock has yet to reflect the optimism surrounding its crypto pivot. Over the last 24 hours, its RUM shares edged up just 2.4% to $7.78, while the broader picture shows a more than 40% decline since the start of the year.
Still, with a crypto wallet rollout on the horizon, Rumble is betting big on blockchain to reshape how creators earn and interact with their audience.