$2m to $30m in Revenues : Blue Star’s 50%-Owned SatoshiPay Builds a $250m Payments Giant
“…there’s scalability in numbers too with revenue projected to grow from $2 million this year to $30 million in 2029 when the company hopes the business valuation will be a ‘conservative’ $250 million…”
Go to the Bank of England’s website and there’s a wealth of information about traditional finance, and the emerging which includes stablecoins.
Stablecoins are digital assets used for payments and trading crypto for example, and by virtue of the name designed to maintain a steady value. The ‘stability’ is provided by the reserve assets they are backed by or pegged to such as fiat currencies like the US dollar and commodities including gold.
This is where SatoshiPay comes in. It’s UK-listed Blue Star Capital’s ‘top’ investee company which has created the decentralised exchange platform Vortex designed to enhance global payments by bridging stablecoins with local currencies.
The stablecoin market is growing at an exponential rate and Vortex’s growth bears testimony to this. According to SatoshiPay chairman Meinhard Benn, the stablecoin transfer volumes on Ethereum alone hit $8 trillion in Q4 2025.
He talks about capturing value from a ‘massive’ market wave, and Vortex is reaping the benefits of having a first mover advantage and trusted infrastructure.
“Vortex went as far as up to 100 % growth in transaction volume per month, and we’re expecting to stabilize this month over month growth rate in 2026 to around 30%.”
Vortex was launched in Europe and Brazil last year, and the infrastructure is already attracting institutional API clients allowing parent company SatoshiPay to announce the impressive $10 million monthly volume milestone.
“It’s not just a number,” adds Benn. “It’s really a validation of our strategy to establish a technical proof first and then success and switch to repeatable scaling infrastructure.”
As highlighted in Sarah Lowther’s interview with Benn, SatoshiPay CEO Alexander Wilke and chief strategy officer Florian Beba, there’s scalability in numbers too with revenue projected to grow from $2 million this year to $30 million in 2029 when the company hopes the business valuation will be a ‘conservative’ $250 million.
Ahead of that SatoshiPay aims to break even by the end of 2026 with an EBITDA target of $3 million in 2028.
Follow the company on ‘X’ – @BlueStarCap
Read about SatoshiPay’s Digital Asset Treasury Strategy
The author was remunerated but does not hold shares in the company
