EE Impact

Tangem AG

Switzerland · Finance & Payments, IT, Technology

LeaveRussia detail: Scaling Back

Scaling back

Software company in Zug, Switzerland. Manage thousands of cryptocurrencies securely in a simple cold wallet. With Tangem, you can buy, sell, and store Bitcoin, Ethereum, and other crypto assets.

Status last verified 03/08/2026Source checked 10/06/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 01/04/2024 · Reference ↗

The company is registered in Switzerland and has a local company in Russia. The company develops NFC cards based on chips from Samsung and these chips/microcontrollers in the product are imported to the Russian Federation. Revenue decreased in 2024 vs 2023 by more than -20%.

Local stats (LeaveRussia)

Staff(RF), 2021
24
Revenue(RF), mln.USD
1

Status history since 2022

  1. 03/08/2026 scaling back · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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